Tuesday, December 20, 2022 4:00 AM EDT
Intel Corp bears the ticker symbol (INTC), and this is my third mention of Intel for my new Viking Portfolio and it was selected for one or more of my previous Dog of The Week Portfolios.
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Pixabay
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.
Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs.
The company was incorporated in 1968 and is headquartered in Santa Clara, California.
Three key data points gauge
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Intel Corp:
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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 $26.79 at Monday’s market close. And, in the past year, INTC’s share price fell by $22.81 or about 46%.
If Intel’s stock trades in the range of $15.00 to $45.00 this next year, its recent $26.79 share price might reach $31.00 by next year. My upside increase estimate of $4.21 is $0.42 under the median of one year target estimates from 32 analysts tracking INTC.
INTC Dividends
Intel’s most recent quarterly dividend of $0.365 per share, equates to $1.46 annually and casts an annual yield of 5.45%.
INTC Returns
Adding the $1.46 annual estimated Intel dividend to my one-year price upside estimate of $4.21 reveals a $5.67 potential gross gain per share.
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At Friday’s $26.79 closing price, a little under $1000 would buy 37 shares.
A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.27 per share.
Subtract that maybe $0.27 brokerage cost from my estimated $5.67 gross gain makes a net gain of $5.40 X 37 shares = $199.80 for a 20% net gain including a 5.45% annual dividend yield.
In one year our $1K investment in shares of Intel Corp would generate $54.50 in cash dividends. Of course, a single share of INTC stock at Monday's $26.79 price is about 2 times less than the annual dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this is a good time to buy INTC shares based on their dividends for the coming year 2023. The current dividend from $1K invested is 2.03 times more than INTC’s single share price. Consider yourself alerted.
All of the estimates above are speculation based on the past history of Intel Corp. Only time and money invested in this stock will determine its market value.
More By This Author:
Current Report: United Microelectronics
Daily Stock Analysis: Vale
Daily Stock Analysis: ICL Group, 2023 Outlook
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!
The night before every NYSE trading day on Facebook/ Dividend Dog Catcher Fredrik Arnold usually does a quick live video summary of one stock contending for a weekly slot on his new Viking portfolio.
Last night Arnold followed this script on his Underdog Daily Dividend Show!
Always remember: Root for the Underdog.
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