Will Intel drastically reduce the dividend or never increase it again?
According to the report, the Senate Democrats’ plan to shift the tax burden onto upper-income wage earners will likely cause them to shift their investments—here and abroad—to those that are taxed at lower rates. This in turn will likely cause dividend-paying companies to reduce the size of their quarterly dividend checks.
You can read more about the subject than he copy/pasted here. Just Google the words in the first line of his posting and you can see a couple of July 23rd articles that he copied it from.
"According to the report, the Senate Democrats’ plan to shift the tax burden onto upper"
There will be some shifting of money and accounts and mailing addresses. The changes will be driven by the moral compass of each individual.
Intel has a plan to pay out 40% profits in dividends. Intel is not going to change that goal for tax legislation. They can even go beyond 40% their 40% with no problems since their cash flow will support much more than 40% of profit number.
Intel will, in tick-tock style, keep upping the dividend at the present rate. Why? Because they can.
And it is in striking contrast to the kind of Cramerian balderdash you are reading from every 2-cent flunkie out there who understands Intel about as well as Brittany Spears understands General Relativity. Buy for the divvy, but the big prize will be $30+ by next spring.