Intel raises dividend 16 percent

(Reuters) - Intel Corp <INTC.O> raised its quarterly dividend by 16 percent for the third quarter, its second increase in 6 months.

The company declared a cash dividend of 21 cents, up from its earlier dividend of 18.1 cents.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Sriraj Kalluvila)