Why I Just Sold Intel Stock
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Well… It finally happened. After much speculation, Intel Announced that they would be cutting their quarterly dividend 66%, to 12.5 cents per share. This brings their forward looking annual dividend to 50 cents and a current dividend yield of around 1.9%. My initial investment thesis for Intel is now broken. I was wrong. In today’s video, I’m going to explain the reasoning behind this dividend cut and share what I’m doing with my Intel stock.
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Dividend Growth Investing provides the ability to create cash flow, without selling your position in a stock. This type of investing has a strong compounding effect when dividends are being reinvested back into your holdings. Over time, Dividend Investing can be your pathway to financial freedom!
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