Income investors looking for big dividend payers will find three unlikely names on the Dividend Leaders list in Monday’s issue. Lurking among the usual suspects such as AT&T (T), Merck (MRK) and Procter & Gamble (PG) are three tech stocks, all chipmakers. They each pay a dividend north of 3%, well ahead of the S&P 500’s average 2.28% yield.
Maxim Integrated Products (MXIM) currently offers a quarterly payout of 30 cents a share, or $1.20 for the full year, which works out to a 3.7% yield. Microchip Technology (MCHP), with an annualized dividend of 3.3%, leads the three chipmakers with an 85 Composite. Intel (INTC) has been in consolidation mode now for over a year. It too, is down so far this year.
Source: Investors Business Daily
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Should Investors Put Chips On These 3 Big Dividend Stocks?
Posted by D4L | Monday, February 15, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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