Nov
23
2009
Comfort Zone Investing: Intel is saying something … can you hear it?
Posted by: admin in Stocks NewsFiled under: Microsoft (MSFT), Intel (INTC), Comfort Zone Investing
Intel Corp. (INTC) raised its dividend. Again. The 14th time since 1992 when it began paying quarterly sums to investors. The annual payout is now 63 cents or 15.75 cents every three months. That’s 12.5% higher than the previous dividend.
The stock is trading around $20 a share. With a 63 cent dividend, that’s a yield of 3%. Not a bad return when coupled with the 50% rise the stock’s seen in the past year.
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Comfort Zone Investing: Intel is saying something … can you hear it? originally appeared on BloggingStocks on Sun, 22 Nov 2009 10:30:00 EST. Please see our terms for use of feeds.
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