3 Dividend Stocks for Your Watchlist
Published Thu, 07 Jul 2011 on The Motley Fool

We can help you keep tabs on your companies with MyWatchlist.com, our free, personalized stock-tracking service. Here are three dividend stocks for your watchlist. 1. InterDigital (Nasdaq: IDCC) Similar to Qualcomm (Nasdaq: QCOM) , InterDigital holds patents on key wireless technology. As the recent $4.5 billion sale of Nortel's wireless patents shows, these assets are definitely valuable.InterDigital has been raking in the dough from its wireless patents and is working on further enhancements that should lead to more growth for years. It's also currently sitting on $11.60 per share of cash and no debt. Shares have risen the past few weeks but still trade for a low, cash-adjusted P/E of just under 12. While you're waiting for the market to revalue the stock, the company pays a $0.40 dividend for a yield of 0.9%. Not much, but it's still something to tide you over while you wait. Definitely one to watch.... Read more