Dividend.com: No Stars for Constellation

Microchip Technology is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Intel Warns Again

Intel(INTC Quote) just announced it will miss its previous outlook because of ongoing weak demand and inventory reductions by its PC maker customers.

The company now sees revenue of $8.2 billion, which is below the $8.74 billion it guided down to in November. The company also disclosed that it will be recording a loss from equity investments of $1.1 billion to $1.2 billion, due to the charge from Clearwire. This is way above its previous forecast loss of $50 million from equity investments.

We had mentioned in a previous post that Intel warnings tend to come in bunches and this is number two for warnings if you are keeping track. We had removed shares of Intel from our "Recommended" list back on Sept. 9, when the stock was trading at $20.97. We had added the stock on our "Recommended" list back in early August when it was at $23.

The company has a dividend yield of 3.64%, based on last night's closing stock price of $15.37. We will be watching the market's reaction closely as many like to scale in every time Intel's dividend approaches the 4% level.

Intel is not recommended at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

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