Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) has declared a quarterly cash dividend of $0.65 per common share, with payment scheduled for March 25, 2021. Shareholders of record as of the close of business on March 4, 2021 will receive this dividend. This announcement highlights Qualcomm's ongoing commitment to returning value to its shareholders while solidifying its position as a leader in wireless technology and 5G innovation.

Positive

• Quarterly cash dividend of $0.65 per share enhances shareholder value.
• Strong position in 5G technology continues to attract investment.

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• None.

SAN DIEGO, Jan. 20, 2021 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.65 per common share, payable on March 25, 2021, to stockholders of record at the close of business on March 4, 2021.

About Qualcomm

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.  When we connected the phone to the internet, the mobile revolution was born.  Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone.  We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.  For more information, visit www.qualcomm.com.

Qualcomm is a registered trademark of Qualcomm Incorporated.  All other trademarks are the property of their respective owners.

Qualcomm Contact:
Mauricio Lopez-Hodoyan, Investor Relations
Phone:  1-858-658-4813
Email:  ir@qualcomm.com

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SOURCE Qualcomm Incorporated

FAQ

What is the amount of Qualcomm's dividend for Q1 2021?

Qualcomm has declared a dividend of $0.65 per common share for Q1 2021.

When will Qualcomm's dividend be paid?

The dividend will be paid on March 25, 2021.

Who is eligible to receive Qualcomm's dividend?

Shareholders of record as of March 4, 2021, are eligible to receive the dividend.

How often does Qualcomm pay dividends?

Qualcomm typically pays dividends quarterly.

What is the significance of Qualcomm's dividend announcement?

The dividend announcement reflects Qualcomm's commitment to returning value to shareholders.