Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.68 per common share, scheduled for payment on June 24, 2021. The record date for stockholders is June 3, 2021. This dividend reflects Qualcomm's ongoing commitment to delivering shareholder value while supporting its leadership in wireless technology and 5G innovation. As a key player in mobile communications, Qualcomm continues to expand its influence across various industries, including automotive and IoT.

Positive

• Quarterly cash dividend of $0.68 per share enhances shareholder value.
• Demonstrates Qualcomm's commitment to returning capital to shareholders.

Negative

• None.

SAN DIEGO, April 14, 2021 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.68 per common share, payable on June 24, 2021, to stockholders of record at the close of business on June 3, 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 dividend amount announced by Qualcomm?

Qualcomm announced a quarterly cash dividend of $0.68 per common share.

When will Qualcomm's dividend be paid?

The dividend will be paid on June 24, 2021.

What is the record date for Qualcomm's dividend?

The record date for stockholders to receive the dividend is June 3, 2021.

What is the importance of Qualcomm's dividend announcement?

The dividend announcement indicates Qualcomm's confidence in sustaining shareholder returns.