Thursday, October 6, 2022 2:39 AM EDT
Intel Corporation, ticker (INTC), a large-cap semiconductor company in the technology business sector, is the third of five technology candidates vying for the first slot in my Viking folio. This is not my first report on Intel. I have discussed Intel previously and selected it for at least one of my past portfolios.
Pixabay
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Intel is the world's largest logic chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets.
Intel pioneered x86 architecture for microprocessors. It was the prime proponent of Moore's law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays.
While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated.
These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has also been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster efforts in non-PC arenas.
Intel Corporation also has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search for pharmaceuticals.
The company was incorporated in 1968 and is headquartered in Santa Clara, California.
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Three key data points gauge Intel Corporation:
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(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether any company has made, is making, and will make money.
INTC Price
Intel’s price per share was $27.69 at today’s market close. Intel’s share price fell by $26.17 or about 48.5% in the past year.
If Intel’s stock trades in the range of $20.00 to $45.00 this next year, its recent $27.69 share price might reach $35.00 by next year. That upside increase of $7.31 is $4.33 below the valuation projected by 31 analysts tracking Intel for brokerages.
INTC Dividends
Intel’s most recently declared quarterly dividend of $0.365 per share makes an annual dividend of $1.46 and casts a yield of 5.27%.
INTC Returns
Adding the $1.46 Intel dividend to my one-year price upside estimate of $7.31 shows a $8.77 potential gross gain per share.
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At today’s $27.69 closing price, a little under $1000 would buy 36 shares.
A $10 broker fee (if charged) paid half at purchase and half at sale and might cost us $0.28 per share.
Subtract that maybe $0.28 brokerage cost from my estimated $8.77 gross gain per share results in a net gain of $8.49 X 36 shares = $305.64 for a 30.5% net gain including a 5.27% annual yield.
In a year our $1K investment in shares of Intel Corporation could generate $52.70 in cash dividends. Of course, a single share of INTC stock at today's $27.69 price is almost half the dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this the time to buy INTC shares based on their dividends for the year 2022. The dividend from $1K invested is 1.90 times more than yesterday’s single share price. Consider yourself alerted. Now is the time.
All of the estimates above are speculation based on the past history of Intel Corporation. Only time and money invested in this stock will determine its market value.
More By This Author:
Current Report: Cisco Systems
Updated Report: Corning (GLW)
Current Report: Intel (INTC)
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, recommendation or endorsement to buy or sell any security. Prices and returns on equities in this article except as noted are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling same.
Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by YCharts.
Catch Your Underdog Daily Dividend on Facebook!
At 8:45 AM every NYSE trading day on Facebook/ Dividend Dog Catcher Fredrik Arnold does a quick live video summary of one stock contending for a weekly slot on his new Viital portfolio.
Today he followed this script on his Underdog Daily Dividend Show!
Always remember: Root for the Underdog.
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