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This tech company could be the next great dividend stock
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Monday, November 16, 2009
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From 24/7 Wall Street:

Intel Corporation (NASDAQ: INTC) is defying the old status quo of big technology companies which do not pay what most would consider real dividends. Today's quarterly dividend hike to $0.1575 from $0.14 is far from the first hike. Even when you consider a 2% share gain to $20.20, the old dividend yield was already 2.7%. The new dividend yield is 3.1% based on today's share price.

It begs one to ask, "How high does Intel want its payout to be?"

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Topics: Dividends | Technology | Stocks
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