Replies to post #53769 on Intel Corp (INTC)

[Professor MD]

Wbmw. Re: “Dividends are up, along with the share value (YoY). What more do you want? Ok, $30 share price, but that's coming....”

I believe that because next year’s dividend will be only $0.51 the INTC share may have difficulty in reaching $30.00, or $50.
Intel previously maintained the yield on INTC at 2%. This may explain why the price of INTC shares has difficulty in breaching the ceiling of $25.50 (yield of 2% for the $0.51 dividend). In order to reach $30 with the same yield, the dividend had to be $0.60. I believe that by the end of 2008 the price of INTC should be $60. In order to reach this level Intel board should convince Wall Street that they intend to maintain the yield at 2%. That will translate into a dividend of $1.20 for 2009.