Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) has announced a quarterly cash dividend of $0.75 per common share, with a payment date set for June 23, 2022. Stockholders of record must hold shares by the close of business on June 2, 2022. This announcement reinforces Qualcomm's commitment to returning value to shareholders amidst its leadership in wireless technology and the advancement of 5G connectivity.

Positive

• Quarterly cash dividend of $0.75 per share enhances shareholder value.
• Payment date of June 23, 2022, indicates ongoing financial stability.

Negative

• None.

SAN DIEGO, April 13, 2022 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.75 per common share, payable on June 23, 2022, to stockholders of record at the close of business on June 2, 2022.

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 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 declared by Qualcomm?

Qualcomm declared a quarterly cash dividend of $0.75 per common share.

When will Qualcomm's dividend be paid?

The dividend will be paid on June 23, 2022.

What is the record date for Qualcomm's dividend?

The record date for the dividend is June 2, 2022.