Intel has performed very well in many areas, including growth, competition, and dividend payout. One thing that is missing and has been for the past two years is buyback of its shares. Time for management and BOD of Intel to make decision to buyback its shares. Especially at current cheap price.
Its marketing that intel is missing. If you ask average joe who has done most inovation in computer, 1 out 10 might say intel. While in reality they are partialy or completely responsible for every major hardware standart and most are open standart. PCI PCI-EX AGP Ethernet infiniband wi-fi SDRAM USB... Exception to few thing all major key design point as been made by intel.
This a.m. Lowes announced a $1 billion bond offering, the funds to be used for a number of purposes, including "stock buybacks." Have to wonder why other companies with huge cash hoards and strong balance sheets, such as Intel, don't do the same. Hard to believe interest rates will get much cheaper
Higher dividends are a priority for Intel, and payouts remain one of the company's favorite uses for its torrential cash flows. Intel spends a lot of money on share buybacks, including $1.8 billion in 2009 alone, but the $3.1 billion spent on divided payments that year absolutely dwarfs the repurchase figures. That's a trend that's likely to continue.
Take your pick, do you want the dividends or do you want large share buybacks?. Let me guess, you want your cake AND it eat it too, right?
Me, I'll take my dividends with automatic reinvestment. Thank you very much Intel.