Q1 is traditionally the Intel weak quarter. Q3 and Q4 have been their strongest based on holiday season and end of year buys by companies. Q2 appears to be getting stronger and the executives seem to attribute it to Chinese New Year.
The weak Q1 was not the time since the Intel payout was at 38% and their target is 40%. If Intel had raised the dividend, the market would have punished them.
If Intel smokes Q2, they might raise it.
More likely raising the dividend will follow or accompany a strong result. Possibly May but more likely in in Q3 or Q4.