Intel stock's dividend sticks out among chip makers. But a cut may be coming.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The company's free cash flow isn't expected to support its current dividend payout

Semiconductor stocks have been on a tear so far this year, following a difficult 2022. But now that we’re in the thick of fourth-quarter earnings season, investors will be questioning whether or not Intel will be able to maintain its impressive 4.82% dividend — for more than one reason.... Semiconductor stocks have been on a tear so far this year, following a difficult 2022.

First, check out how Intel’s stock has performed since the end of 2021 against iShares Semiconductor ETF SOXX and the SPDR S&P 500 ETF Trust SPY , all with dividends reinvested. Screening for dividend headroom Fiscal years vary, so the following analysis includes consensus estimates for calendar years, as adjusted by FactSet.

Here’s a list of the 23 companies among the SOXX 30 that pay dividends, along with expected FCF yields for 2023. The list is sorted by current dividend yield.Read: Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.Here’s a closer look at current dividend rates and expected FCF per share for the same group, in the same order, through 2024.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines