Is Intel a Good Long-Term Dividend Investment?
- By Sangara Narayanan
Intel, one of the world's largest and most well-known chip makers, is going through a huge transition pace as the company tries to balance out its declining PC-based revenue streams with new ones. Intel's revenue growth has been flat since 2011 as the slowdown in PC sales impacted their top line sales. The company has been slowly limping back into growth territory, but with more than 50% of their income coming out of PC-based business lines, Intel itself remains cautious about its short to medium term prospects.
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2.74% yield looks attractive. The biggest area of concern would be around how long the company will need to start posting consistent growth. It has done well so far this year with revenues growing from $25.97 billion in the first half of last year to the current $27.23 billion, and their guidance for the year is for mid-single digit growth.
