Intel Corporation bears the ticker symbol INTC, and this is my fourth discussion of INTC for this Viking Portfolio. I have also selected INTC for several of my previous seven dog of the week portfolios.

Intel is the world's largest logic chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets.

Intel pioneered the 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.

It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other equipment manufacturers.

The company was incorporated in 1968 and is headquartered in Santa Clara, California.

Three key data points gauge Intel Corp, or any dividend-paying firm. They are:

(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 $30.30 at Friday’s market close. In the past year, Intel’s share price fell $16.24 or about 35%.

If Intel’s stock trades in the range of $22.00 to $45.00 this next year, its recent $30.30 share price might rise to $31.20 by next year. It could go down about the same amount. My upside estimate of $0.90 is just about as much as the average annual price gain of $0.91 for INTC over the past thirty years. Thirty three analysts cover Intel’s stock for brokers. Their biases currently downward So average upside/downside is just another   indicator.

INTC Dividend

Intel cut its quarterly dividend from $0.37 to $0.125 as of its most recent March first payout to shareholders of record February 6. the next payout is June 1 to shareholders on board as of May 4.

INTC Returns

Adding a $0.50 estimated annual estimated Intel dividend to my $0.90  estimated price upside, reveals a $1.40 potential gross gain per share for the coming year.

At Friday’s $30.30 closing price, a little under $1000 would buy 33 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.30 per share.

Subtract that maybe $0.30 brokerage cost from my estimated $1.40 gross gain estimate makes a net amount of $1.10 X 33 shares = $36.30 or a 3.6% net gain.

In the next year our $1K investment in shares of INTC will generate just $16.50 in dividends. Furthermore, a single share of INTC at Friday’s $30.30 price is nearly twice the amount of income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this is not a prime time to consider INTC shares, based on their dividends for 2023. The dividend from $1k invested about half Intel’s single-share price. Consider yourself alerted.

Wait for the dividend to double or the stock price to drop to $22.00 or so.

All of the estimates above are speculation based on the past history of investment in shares of Intel Corporation. Only time and money invested in this stock will determine its future market value.

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