Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) declared a quarterly cash dividend of $0.75 per common share, set to be paid on March 23, 2023. Stockholders of record must hold shares by March 2, 2023 to be eligible for this dividend. Qualcomm is a leading innovator in wireless technology, significantly contributing to the development of 5G technology, which has revolutionized mobile connectivity.

Positive

• Quarterly cash dividend of $0.75 per share increases shareholder income.
• Confidence in ongoing business model and revenue generation through 5G technology.

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• None.

SAN DIEGO, Jan. 18, 2023 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.75 per common share, payable on March 23, 2023, to stockholders of record at the close of business on March 2, 2023.

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 and 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 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 for Qualcomm (QCOM) announced in January 2023?

Qualcomm announced a quarterly cash dividend of $0.75 per share.

When will Qualcomm's dividend be paid?

The dividend will be paid on March 23, 2023.

What is the record date for Qualcomm's dividend?

The record date for the dividend is March 2, 2023.

How often does Qualcomm pay dividends?

Qualcomm pays dividends quarterly.

Is Qualcomm's dividend sustainable?

As of this announcement, Qualcomm has shown confidence in its dividend sustainability through its strong business model.