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The 10-year U.S. Treasury Note recently was yielding about 4%, up from around 2% a year ago\u2014thanks to the aggressive rate-boosting regimen of the Federal Reserve, aimed at getting inflation under control.<\/p>\n\n\n\n
Dan Genter, the CEO of Genter Capital Management, doesn\u2019t expect a wave of payout cuts, though he foresees dividend growth slowing to the mid-single digit range from the high-single digits for the stocks he holds. \u201cAcross the board, it\u2019s actually quite healthy,\u201d Genter says.<\/strong><\/p>\n\n\n\n The Intel dividend cut was widely expected, he says, and not a reflection of that industry or stocks overall. He points to a trio of technology stocks that he believes are sound options for income investors:\u00a0Broadcom\u00a0<\/a>(AVGO),\u00a0Microchip Technology\u00a0<\/a>(MCHP), and\u00a0Texas Instruments\u00a0<\/a>(TXN).<\/strong><\/p>\n\n\n\n Broadcom, which makes semiconductors, yields 2.9%. Genter considers its dividend secure, partly because the company \u201cis in a very solid position with its market share and the advancing of its market share.\u201d Broadcom in December declared a quarterly disbursement of $4.60 a share, up 12% from $4.10.<\/strong><\/p>\n\n\n\n Microchip Technology yields 1.7%. It recently boosted its dividend by 9%, to 35.8 cents a share from 32.8 cents. Genter points out that the dividend accounts for roughly 20% of the company\u2019s free cash flow, which he views as a reasonable and sustainable level.<\/strong><\/p>\n\n\n\n Texas Instruments, which specializes in making analog chips used in autos, factory equipment, and other applications, yields 2.8%\u2014on the high end for a technology stock. The company in September declared an 8% boost in its quarterly dividend, to $1.24 a share.<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Quoted from Barron’s: The 10-year U.S. Treasury Note recently was yielding about 4%, up from around 2% a year ago\u2014thanks to the aggressive rate-boosting regimen of the Federal Reserve, aimed at getting inflation under control. Dan Genter, the CEO of Genter Capital Management, doesn\u2019t expect a wave of payout cuts, though he foresees dividend growth …<\/p>\nClick Here To View The Full Article<\/a><\/h3>\n\n\n\n