Intel Corporation (NASDAQ:INTC) will start trading Ex-Dividend tomorrow, August 5, according to a statement on NASDAQ’s website. As Intel has reported earlier, it has declared a dividend worth $0.225 per share payable on September 1. Intel’s dividend yield currently amounts to 2.67, the company keeping its dividend unchanged for the past several quarters.
The fact that Intel Corporation (NASDAQ:INTC) will start trading Ex-Dividend basically means that all its shareholders who purchased the stock prior to August 5, will be able to receive the dividend. Therefore, only shareholders who own shares of Intel Corporation (NASDAQ:INTC) on this date, will receive the dividend, even if they sell the shares afterwards, until September 1, when the dividend will be paid.
One of the largest shareholders of Intel Corporation is Natixis Global Asset Management‘s Harris Associates, which held 66.86 million shares of the company as of the end of the first quarter of 2014.