Pad your profits with these tech leaders

Article Excerpt

In the past few years, long-time technology leaders Intel and Texas Instruments have become reliable sources of dividends in addition to presenting you with the potential for above-average capital gains. We continue to see both as buys for our investors. INTEL CORP., $52, is a buy. The company (Nasdaq symbol INTC; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.4 billion; Market cap: $228.8 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips. Intel has paid dividends continuously for the past 21 years. Starting with the March 2019 payment, the company raised its quarterly dividend by 5.0%. Investors now receive $0.315 a share instead of $0.30. The new annual rate of $1.26 yields a solid 2.4%. The company’s revenue in the quarter ended June 29, 2019, fell 2.7%, to $16.51 billion from $16.96 billion a year earlier. That’s due to weaker sales of datacentre computer chips to corporate customers and governments. Earnings fell 3.1%, to $4.79…

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