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Barchart
Barchart
Rick Orford

Intel Quashed Its Dividend in 2024. Now the Stock's Up 389% and Investors Want It Back.

Dividend tech stocks are a rare breed. I mean, technically NVIDIA (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) pay dividends, but the yields barely reach 1%. That’s why finding a decent tech company that pays reasonable yields while offering ample room for capital growth is like finding a golden needle in a haystack.

And a few short years ago, Intel (NASDAQ: INTC) fit that description to a T. The company paid yields that averaged around 2% for more than three decades and increased payouts for eight straight years. Even better, it was at the very top of the semiconductor industry. In fact, back then, AMD (NASDAQ: AMD) and NVIDIA - yes, that NVIDIA - were playing catch-up to Intel for decades.

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