3 Dividend-Paying Semiconductor Stocks To Buy In September

2. Intel Corporation (INTC - Free Report)

Intel is a historic microchip firm that has suffered a similar industry-related sales downturn during the past two quarters. INTC also faces increased competition from AMD, but investors shouldn’t worry too much about Intel since it is still by far the biggest player in the space, expected to pull in $69 billion this year, compared to AMD’s $6.7 billion. The Santa Clara, California-based company posted stronger-than-projected Q2 2019 earnings and revenue and upped its full-year guidance.

Looking ahead, the semiconductor behemoth is projected to see its full-year fiscal 2019 sales slip 2%, with earnings projected to dip 4.4%. Peeking ahead, Intel’s 2020 revenue is then projected to pop 2.2% above our 2019 estimate to outpace 2018’s total. Meanwhile, the company’s bottom-line is expected to pop 1.3%. On top of that, its Q3 and fiscal 2019 earnings estimate revisions have climbed heavily upward.

Shares of INTC are up 12% in 2019 and 17% over the lats 12 months to top the semiconductor market’s 6.5% climb. Intel is currently a Zacks Rank #3 (Hold) that rocks an “A” grade for Value and a “B” for Growth. The company also pays an annualized dividend of $1.26 per share at the moment, for a strong 2.43% yield. The firm also returns a ton of value to shareholders through buybacks. And its purchase of autonomous vehicle tech firm, Mobileye, could prove to be a big winner down the road.

3. Tokyo Electron Ltd. (TOELY - Free Report)

The Japanese firm makes semiconductor production equipment and flat panel display production equipment that are key to the industry. CEO Toshiki Kawai aims to continue to make Tokyo Electron a global power that is set to help fuel the continued expansion of everything from IoT to virtual reality and augmented reality and much more. Tokyo Electron is a lightly traded ADR stock in the U.S., but boasts a $28.68 billion market cap.

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