Is INTC a Better Dividend Investment than NVIDIA?

Those seeking a cheaper alternative to NVIDIA (NASDAQ: NVDA) should look to the Intel Corp (NASDAQ: INTC). Intel delivers a higher dividend yield and payout than NVIDIA at a lower price.

Intel shareholders enjoyed a dividend yield of 2.39%, an annualized payout of $1.20, and a payout ratio of 29.1% on August 10, 2018. Yet they only paid $48.91 a share.