During the past week, GuruFocus recognized one company as a dividend grower. In order to be qualified for this list, the company had to:
- Have a dividend of greater than 3%.
- Have a strong history of stable and increasing dividends.
- Maintain Guru ownership.
- Have a market cap of greater than $10 billion.
Intel’s historical dividend growth:
On March 19, Intel Corp. declared a dividend of $0.225 per share, representing 3.60% dividend yield for the company. This dividend is payable on June 1 to shareholders of the record at the close of business on March 24, 2014.
The company’s historical dividend growth is as follows:
- 10-year: 17.70%
- 5-year: 13.60%
- 3-year: 12.60%
Intel is a semiconductor chip maker, which develops advanced integrated digital technology products, mainly integrated circuits, for industries such as computing and communications. The company also develops platforms, which it defines as integrated suites of digital computing technologies.
Intel’s historical revenue and net income:
The analysis on Intel reports that the company’s operating margin is expanding, its revenue has slowed down over the past year and its price is sitting near its 1-year high.
The company recently released its fourth quarter and year-end results which highlighted:
- Full year revenue of $52.7 billion.
- Net income of $9.6 billion
- Cash generation of $21 billion in cash from operations.
- Fourth quarter operating income up 12% to $3.5 billion.
- EPS of $0.51, up 6% from last year.
The company recently released a press release announcing changes in corporate policy. These changes were made in attempts to align the company better to the shareholders interests. Check out the company’s press release here.
There are currently 42 gurus that hold a position in Intel. Check out their individual holding histories here.
The Peter Lynch Chart suggests that the company is currently undervalued:
Intel has a market cap of $124.9 billion. Its shares are currently trading at around $25.12 with a P/E ratio of 13.40, a P/S ratio of 2.40 and a P/B ratio of 2.23. The company had an annual average earnings growth of 8.30% over the past ten years.
GuruFocus rated Intel the business predictability rank of 2-star.
Check out high dividend stocks in gurus’ portfolios here.
