Intel Works Up Hadoop

Intel Corporation NASDAQ: INTC Intel recently announced that it is joining the Hadoop ecosystem in a permanent way that will accelerate adoption of Hadoop by the broader enterprise market. The ex-dividend date for Intel INTC is Monday, August 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $23.05 as of 12:11 p.m. ET, the dividend yield is 3.9%. The average volume for Intel has been 41.4 million shares per day over the past 30 days. Intel has a market cap of $116.25 billion and is part of the technology sector and electronics industry. Shares are up 13.2% year to date as of the close of trading on Thursday.

 

The company plans to continue its path to build new products, evolve by adapting to standards and regulatory technological change in the market. Investors should continue to watch evolving big data growth returns of the companies new products and technologies. There are also huge opportunities in re-writing client-server applications to run on cloud stacks, in building and managing a new class of smaller, cloud-compatible data centers for organizations to use and outperform.

 

Intel’s market capitalization is $106.12 billion. The EBITDA margin is 41.54 percent (the operating margin is 27.44 percent and the net profit margin 20.63 percent). Twelve trailing months earnings per share reached a value of $2.13. Last fiscal year, the company paid $0.87 in the form of dividends to shareholders. The dividend yield amounts to 4.19 percent. Intel has paid a cash dividend to shareholders every year since 1964. Dividend payouts from the S&P 500 have been good. Dividend-paying stocks have seen healthy share-price gains. Intel stock pays an estimate 4.24% dividend; the Fund was able to acquire shares at around 4.6 times EBITDA and 10 times earnings.

 

Intel’s stock trades at a 30.4% discount.  Intel closed last Monday's trading session at $21.43, down 1.85 percent from its previous close. Intel stock has declined 23.78 percent in the past 52 weeks. The stock shows a neutral trend and is likely to remain so in the short-term. It is expected to face minor pullback in the coming trading sessions and may find support at $21.18. Upon breaching this level, it may go down to $20.23 level. Intel traded 33.39 million shares during yesterday's session, and the stock oscillated in the range of $21.32 and $21.70. Intel Corporation's board of directors declared March 21rst, a 22.5 cents-per-share (90 cents-per-share on an annual basis) quarterly dividend on the company's common stock. The dividend will be payable on June 1, 2013 to stockholders of record on May 7, 2013.

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