I think most observers would put Intel in the category of companies that need to start making changes and invest in a new direction. If only because of the chan

I think most observers would put Intel in the category of companies that need to start making changes and invest in a new direction. If only because of the changing technological landscape at least, but for Intel also legacy, process, and competition issues. Prudent leadership would be lowering dividends, as ATT did. For Intel to grow them, implies a diversion, IMHO.