Qualcomm Incorporated Plans Quarterly Dividend of $0.92 (NASDAQ:QCOM)

Qualcomm Incorporated (NASDAQ:QCOMGet Free Report) announced a quarterly dividend on Friday, July 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of 0.92 per share by the wireless technology company on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 3rd.

Qualcomm has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 23 years. Qualcomm has a payout ratio of 30.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Qualcomm to earn $7.94 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 46.3%.

Qualcomm Price Performance

QCOM stock opened at $171.78 on Friday. The firm has a 50-day moving average of $207.62 and a two-hundred day moving average of $168.42. The firm has a market capitalization of $181.06 billion, a PE ratio of 18.67, a P/E/G ratio of 5.07 and a beta of 1.63. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. Qualcomm has a one year low of $121.99 and a one year high of $259.92.

Qualcomm (NASDAQ:QCOMGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the previous year, the business earned $2.85 earnings per share. The firm’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts forecast that Qualcomm will post 7.97 earnings per share for the current year.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

About Qualcomm

(Get Free Report)

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi?Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.

See Also

Dividend History for Qualcomm (NASDAQ:QCOM)

Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.