Hacker News new | ask | show | jobs
by harikb 1137 days ago
The only exception here is them taking extra effort to keep dividends high. It is not like they were rolling is cash they don't know what to do with.

> Intel's earnings report for the first quarter of 2023 was one of the worst in the company's history. Its revenue dropped by 36% annually and the firm also posted a loss per share of four cents. These losses came as the firm ensured that its investors were happy and paid $1.5 billion in dividends out of pocket during Q1, keeping the payments nearly similar to the year ago quarter's figures.