Love or Hate Intel, These Dividends Rock

Chip giant Intel (Nasdaq: INTC) just pumped up its quarterly dividend by 15%, resulting in an annual payout of $0.72 per share and a dividend yield just over 3.4%. If you never thought of Intel as an income stock before, maybe it's time that you did. The company has paid steadily increasing dividends every year since 1992, occasionally skipping an increase but never shrinking or stopping the payouts. At the current yield, Intel is more generous than 22 of the 60 recommendations on our Income Investor newsletter service's scorecard, and it's comparable to such stodgy businesses as cereal mastodon Kellogg (NYSE: K) and energy trader UGI (NYSE: UGI).... Read more