Intel (INTC) will raise its quarterly dividend by ten percent to $0.30 per share in the first quarter of 2018. This follows a 4.8 percent dividend hike by INTC in 2017.

The increased dividend will be payable on March 1, 2018, to stockholders of record on February 7, 2018. Intel currently has a dividend yield of 2.4% and 2018 marks the fifth consecutive year of dividend increases.

Intel Corporation designs, manufactures, and sells computer components and related products. Intel’s products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory, graphic, network and communication, systems management software, conferencing, and digital imaging products. Intel went public October 13, 1971 and has been paying dividends since 1992.