Whether you're a shareholder or not, we need to talk about Intel.

Motley Fool Money starts now.

I'm Chris Hale joining me today.

Motley Fool's Senior Analyst Bill Mann.

Good to see you.

Isn't it great to have perfectly on time?

You are.

As far as the listeners are concerned, you are 100% on time.

Let's actually go back in time to late January when Intel reported fourth quarter and

full year results.

That weren't great and chairs of Intel fell about 10% that day.

But one of the questions that CEO Pat Gelsinger got was about Intel's dividend.

And let me quote you on what he said in response to the question.

He said, we are committed to the dividend and to a very healthy and competitive dividend.

We're also making big long term strategic investments.

So we're putting all of that together and looking very carefully at the capital allocation

priorities for the company overall, even as we remain committed to rewarding our shareholders

with the dividend.

That was late January.

And today, Intel announced it is cutting its dividend by 65%.

And my first question, which is an unfair one because I don't think you have an answer

for this.

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