09-13-2014, 07:34 AM
I'm a little sour about this myself. In my scoring system, INTC lost 10 points on this news alone, going from an already underwhelming 53 to a pathetic 43. I'm not inclined to rush out an sell the rest of what I've got, because it is held in a taxable account and has a nice gain that I'd have to pay taxes on, and like Tom, my personal yield is pretty good. However, I may start paring down and using the proceeds to up my allocation of more dependable dividend growth stocks that are looking good on the recent dip. My top prospects right now are MCD, XOM, T, and maybe some DE.