Intel: A Top 40 Dividend-Growth Stock

There has been a lot of interest lately in Intel (INTC) as a dividend or dividend-growth stock, especially after they announced that they will increase their dividend 16% in Q3 2011. That follows a similar increase at the end of last year. With the two increases, Intel’s current (projected) yield has jumped above 3.5%. Intel just fell short of making my Top 40 Dividend-Growth Stocks compilation earlier this year, being one of the last stocks eliminated when I finalized the list in January. I always encourage investors to keep checking out new ideas throughout the year, so I decided to re-rate Intel to see whether it would make the list now. The answer is Yes. Summary Intel is a tech stock, and it is still hard for many people (including me) to get their heads around the idea that a tech stock can be a dividend stalwart. The new paradigm... Read more