12-31-2013, 11:42 AM
Since I am focused on dividend growth, INTC became unsuitable for my portfolio after it passed the 5 quarter mark with no dividend increase. For folks with a different focus it may be a fine holding. One of the few rules I have is that if a company does not raise its dividend for over a year, it gets sold unless management provides very good reasoning behind that decision and makes a commitment to resuming dividend growth in the near future. Intel did not do that. Bye-bye INTC