How To Earn $500 A Month From Intel Stock Following Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
Intel Corporation (NASDAQ:INTC) reported Q1 earnings with sales missing estimates and weak EPS guidance. Despite this, the article discusses how investors can earn from Intel's dividends, highlighting a 1.64% annual yield. To achieve a $500 monthly dividend income, an investment of approximately $365,640 is needed. Intel's stock price fell 2.8% to $30.47 following the earnings report.
May 01, 2024 | 1:11 pm
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Intel reported lower-than-expected Q1 sales and weak EPS guidance, but offers a 1.64% dividend yield. Stock fell 2.8% post-earnings.
Intel's Q1 earnings report showing missed sales estimates and weak EPS guidance likely contributes to negative investor sentiment in the short term, leading to a potential decrease in stock price. However, the focus on dividend yield as an income source could attract long-term investors, slightly mitigating the negative impact.
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