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OT: Intel dividend yield @ 4%. Any takers?
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Submitted by flu on September 28, 2012 - 6:18am
So now that the cat is out of the bag that PC sales are slumping, Intel is getting trounced...Going from $28/share for common stock roughly a few months ago to $22-23 right now...
I know this sounds sort of crazy, BUT... Anyone consider Intel right now for it's dividend yield?
Normally, I would totally oppose it, because tech companies make terrible value plays (without dividends)...But intel's yield is currently 4%, it's a pretty big/stable company, and PC/servers aren't gonna go away anytime soon.
4% isn't much, but it still beats most CD's/etc (albeit more risky) and even consumer staples have shot up considerably making the dividend play there less appealing... PM for example is now 3.8%....
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