In February, Intel (NASDAQ: INTC) rocked the markets with news that it was slashing its dividend by a mammoth 66%. The danger ultimately comes down to cash flow as Intel was burning through cash from its day-to-day operations, and that is a huge red flag for income investors. Three dividend stocks that look to be in much better shape and have stronger cash flows than Intel are AbbVie (NYSE: ABBV), Costco Wholesale (NASDAQ: COST), and Microsoft (NASDAQ: MSFT). Read More...
In February, Intel (NASDAQ: INTC) rocked the markets with news that it was slashing its dividend by a mammoth 66%. The danger ultimately comes down to cash flow as Intel was burning through cash from its day-to-day operations, and that is a huge red flag for income investors. Three dividend stocks that look to be in much better shape and have stronger cash flows than Intel are AbbVie (NYSE: ABBV), Costco Wholesale (NASDAQ: COST), and Microsoft (NASDAQ: MSFT).
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