As one of the top tier semiconductor companies, Intel is becoming more and more interesting for its dividend. The company is paying a quarterly dividend of $0.365 right now, which is resulting in an annual dividend of $1.46 and a dividend yield of 5.20%. And this is the highest dividend yield ever since Intel started paying a dividend in the early 1990s. And it seems quite obvious that Intel is trading for an extremely low P/E ratio at this moment. When using fiscal 2021 earnings per share of $4.89, Intel is trading for only 5.6 times earnings, and when using trailing twelve months' numbers, Intel is trading for about 5.89 times earnings.
Previously, INTC’s Mobileye announced an IPO. The autonomous driving giant priced its IPO price at $21 per share yesterday, raising nearly $861 million. Intel will receive the bulk of the proceeds of the offering — after promising to make sure that Mobileye has $1 billion in cash and equivalents, the chip maker will take the rest of the proceeds for its own coffers. This is an insignificant amount considering INTC spending $24.1bn on Capex for the past 12-month period, the amount will provide roughly 2-weeks’ worth of capital for INTC. Additionally, INTC will still hold 99% of the voting power and nearly 94% of the economic ownership of Mobileye. With that clearly illustrates the IPO is not done for purposes to seek emergency capital for INTC, but rather to open the door for new investors and partnerships into the self-driving business, and to provide an example of INTC’s ability to extract values from its emerging businesses.
INTC has placed Mobileye, Intel Foundry Services or 'IFS', and Accelerated Computing Systems and Graphics Group or 'AXG' businesses under the emerging business segments category, as indicated in its second quarter results presentation. Going forward, Intel's investors should consider whether the company can enhance shareholder value either by monetizing its emerging business segments via corporate transactions or accelerating the growth of these businesses with more ambitious plans.
HOLD.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
Previously, INTC’s Mobileye announced an IPO. The autonomous driving giant priced its IPO price at $21 per share yesterday, raising nearly $861 million. Intel will receive the bulk of the proceeds of the offering — after promising to make sure that Mobileye has $1 billion in cash and equivalents, the chip maker will take the rest of the proceeds for its own coffers. This is an insignificant amount considering INTC spending $24.1bn on Capex for the past 12-month period, the amount will provide roughly 2-weeks’ worth of capital for INTC. Additionally, INTC will still hold 99% of the voting power and nearly 94% of the economic ownership of Mobileye. With that clearly illustrates the IPO is not done for purposes to seek emergency capital for INTC, but rather to open the door for new investors and partnerships into the self-driving business, and to provide an example of INTC’s ability to extract values from its emerging businesses.
INTC has placed Mobileye, Intel Foundry Services or 'IFS', and Accelerated Computing Systems and Graphics Group or 'AXG' businesses under the emerging business segments category, as indicated in its second quarter results presentation. Going forward, Intel's investors should consider whether the company can enhance shareholder value either by monetizing its emerging business segments via corporate transactions or accelerating the growth of these businesses with more ambitious plans.
HOLD.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.