Can Investors Trust Intel's Dividend After Its Abysmal End to 2022?
With the stock market in a precarious position, dividend-paying stocks can offer solace. A nice income stream can provide the cash flows necessary not to need to sell stocks or make opportunistic purchases. One well-known company with a high dividend yield is Intel (NASDAQ: INTC), sporting a 5.2% yield.
While that's attractive, investors can't just look at a single metric, as Intel's stock has been down 45% since the start of 2022. A falling stock price far outweighs any effects of dividends, but has the stock fallen too far? Or is the current business trajectory bringing the dividend's safety into question? Read on to find out.
Intel isn't the innovative chipmaker it used to be. It has been beaten to many cutting-edge technologies (3 nm, 5 nm, and 7nm chips) by other foundries, like Taiwan Semiconductor and Samsung. Those losses are starting to show in Intel's results.
Source Fool.com
