November 12, 2010

Bank of Intel, a 3% return, Better Yields than Banks

Bank of intel, better yields than Banks

Intel raised its quarterly dividend 15% today to 18 cents/share. At the current stock price of $21.5, that is a return of roughly 3%. No bank offers similar rates on the money today.

And, Intel has delivered consistent dividend growth over the last several years.

Intel announced that this is its best year ever i.e. also expect phenomenal results for Q4-2010. Of course this “best year” is in terms of revenue. Intel’s stock price hasn’t changed much in the last 10 years. But, then these results are also with the older product lines. With products for new markets (tablets) coming in 2011, Intel’s stock should also perform to its potential.