Intel Ups Net Payout Yield to Attractive Level
Yesterday, Intel (INTC) upped its dividend to 72.48 cents (ok, what's up with the fractional cents?). This brings the dividend yield up to a very respectable 3.4%.
Yet the dividend alone wouldn't make Intel a Net Payout Yield favorite. INTC also announced a $10B increase in the share repurchase plan, which increases the overall outstanding buyback to a whopping $14.2B.
See the rest of the article at Seeking Alpha.
Subscribe to the Net Payout Yield Portfolio at Covestor - Net Payout Yields.
Disclosure: Long AAPL, CSCO, TXN, ACN. No position in INTC.
Yet the dividend alone wouldn't make Intel a Net Payout Yield favorite. INTC also announced a $10B increase in the share repurchase plan, which increases the overall outstanding buyback to a whopping $14.2B.
See the rest of the article at Seeking Alpha.
Subscribe to the Net Payout Yield Portfolio at Covestor - Net Payout Yields.
Disclosure: Long AAPL, CSCO, TXN, ACN. No position in INTC.
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