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Top 10 Dow Dividend Stocks for April

Stay safe in these defensive dividend stocks

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Top Dividend Stock #3: Intel (INTC)

dividend stocks, dividend yieldDividend Yield: 3.42%
YTD Performance: +1.44%
52-Week Return: +12.52%

Intel (NASDAQ:INTC), which designs and manufactures computer processors and chips for personal electronic devices such as computers, phones, tablets and medical devices, has maintained the No. 3 spot on our list of dividend stocks again in April.

Earlier this month, the company announced its first-quarter earnings, including EPS that beat estimates by a penny. Although it beat the Street, the EPS reading of 38 cents per share was 5% lower than it was a year earlier. Net income came in at just $1.9 billion, which was also down 5% from the previous year.

Positive highlights include a 1% year-over-year increase in PC Client Group revenue, and an 11% year-over-year increase in revenue from its Data Center Group. INTC reported overall revenue of $12.8 billion for the quarter, and returned $1.1 billion to shareholders in the form of dividends.

The company declared another 22.5-cent quarterly dividend payout in March, which equates to a current dividend yield of 3.42%. Furthermore, the stock trades with a P/E ratio of just 13.9 versus the industry average of 22.7, which should make this a go-to name in the current value-investing landscape.

Article printed from InvestorPlace Media,

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