Intel Corp., the world’s largest manufacturer of computer processors, has announced that it will be reducing its dividend payment to its investors. The move is aimed at preserving cash and focusing on the company’s turnaround plan. The dividend cut: a necessary move to preserve cash The company has stated that it will reduce its quarterly distribution to investors to 12.5 cents a share, down from the current quarter’s 36.5 cents a share. This is the lowest level of dividend