Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm (NASDAQ: QCOM) has announced a quarterly cash dividend of $0.85 per common share. This dividend will be payable on September 26, 2024, to stockholders of record at the close of business on September 5, 2024. This announcement demonstrates Qualcomm's commitment to returning value to its shareholders through regular dividend payments.

Positive

• Consistent dividend payment indicates financial stability
• Dividend of $0.85 per share provides income for shareholders

Negative

• None.

SAN DIEGO--(BUSINESS WIRE)-- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.85 per common share, payable on September 26, 2024, to stockholders of record at the close of business on September 5, 2024.

About Qualcomm

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon^® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.

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. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated. For more information, visit www.qualcomm.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717634429/en/

Mauricio Lopez-Hodoyan, Investor Relations

Phone: 1-858-658-4813

Email: ir@qualcomm.com

Source: Qualcomm Incorporated

FAQ

What is the amount of Qualcomm's (QCOM) quarterly dividend for September 2024?

Qualcomm (QCOM) has announced a quarterly cash dividend of $0.85 per common share for September 2024.

When will Qualcomm (QCOM) pay its next quarterly dividend?

Qualcomm (QCOM) will pay its next quarterly dividend on September 26, 2024.

What is the record date for Qualcomm's (QCOM) September 2024 dividend?

The record date for Qualcomm's (QCOM) September 2024 dividend is September 5, 2024, at the close of business.

How often does Qualcomm (QCOM) pay dividends?

Based on this announcement, Qualcomm (QCOM) pays dividends quarterly.