How To Earn $500 A Month From Intel Stock Ahead Of Q1 Earnings
Portfolio Pulse from Avi Kapoor
Intel Corporation (NASDAQ:INTC) is expected to report Q1 earnings with a significant improvement over the previous year, projecting earnings of 14 cents per share and revenue of $12.77 billion. The company plans to launch two AI chips for China, adhering to U.S. sanctions. Evercore ISI Group initiated coverage with an In-Line rating and a $40 price target. Intel's dividend yield stands at 1.38%, with calculations showing the investment needed to earn $500 or $100 monthly from dividends. The dividend yield's variability with stock price and payment changes is also highlighted.
April 17, 2024 | 1:05 pm
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Intel is anticipated to show improved Q1 earnings and revenue, plans AI chip launches for China, and maintains a 1.38% dividend yield. Evercore ISI initiated coverage with an In-Line rating and a $40 price target.
The positive earnings projection and revenue growth, combined with strategic product launches and analyst coverage, suggest a potential short-term uplift in Intel's stock price. The dividend yield provides an additional incentive for investors, although the actual impact may vary with market conditions.
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