Intel (NASDAQ:INTC) and International Business Machines (NYSE:IBM) are two high-quality firms whose stocks price fell sharply in 2022, propelling their cash-powered dividends to new heights of generosity.
Let’s take a look at the current market situation for both.
Intel Stock Comeback Story: Dividend Yield of 5.7%
The latest earnings report from semiconductor behemoth Intel was underwhelming. The corporation fell short of Wall Street’s expectations on top and bottom lines. Management admitted that the results fell short of Intel’s expectations, partly due to execution difficulties. The stock has been down 35% since that disastrous report, significantly less than the S&P 500’s 11% drop over the same period.
Intel stock (NASDAQ:INTC) has been trading at the lowest price-to-sales and price-to-earnings ratios since the early 1990s. The dividend yield is a whopping 5.6%, the highest in Intel’s 30-year payout history.
These unexpected measures might be seen as warning flags indicating Intel’s fall from grace. However, I see a fantastic chance to invest in and lock in those great dividend yields amid a one-of-a-kind turnaround narrative.
Furthermore, Intel has begun to produce chips for other firms and is spending billions of dollars on new chip-building facilities. The cash machine seems to be in good shape, and Intel is dedicated to delivering a sizable portion of that cash to shareholders in the form of dividends. Investors should seize the opportunity to lock in Intel’s enormous dividend yield while the stock is inexpensive.
IBM Stock: Artificial Intelligence Strategy Yields a 5.6% Dividend Yield.
Big Blue stock’s high dividend yield is not a business record, but only a few S&P 500 stocks have higher quarterly payouts. And, among the S&P 500’s technology stocks, only Intel now outperforms IBM stock (NYSE:IBM) yield. We’re looking at the elite of the elite among dividend payers in the IT industry here.
In 2022, the stock (NYSE:IBM) price fell 13% as investors shifted away from growth firms and into ultra-safe value havens. IBM, in my opinion, derives its high-octane growth potential from a rock-solid financial infrastructure. It offers the best of both worlds, appealing to growth and value investors.
These high-yielding household brands are available for purchase.
These Two Corporations Are Serious About Increasing Their Yearly Dividends:
IBM and Intel stocks have experienced large losses in 2022, owing mostly to the economy’s overall issues. Because of the price decreases, their stocks now offer attractive dividend yields, and if you purchase now, you can lock in those high yields for the long term. That is an excellent strategy for accumulating long-term wealth in the stock market.
Featured Image- Megapixl @ Geografas
Author Okoro Chinedu 
