Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

On October 14, 2022, Qualcomm (NASDAQ: QCOM) announced a quarterly cash dividend of $0.75 per common share. This dividend is payable on December 15, 2022, to stockholders of record by the close of business on December 1, 2022. Qualcomm is recognized as a leader in wireless technology, significantly contributing to the implementation and growth of 5G technology across various sectors, including automotive and IoT. The company focuses on enhancing mobile connectivity and expanding its influence beyond traditional smartphone markets.

Positive

• Quarterly cash dividend of $0.75 per share beneficial for shareholder income.
• Timely dividend payment reflects company confidence in financial health.
• Strong position in 5G technology supports future growth potential.

Negative

• None.

SAN DIEGO, Oct. 14, 2022 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.75 per common share, payable on December 15, 2022, to stockholders of record at the close of business on December 1, 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 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 Qualcomm's dividend amount and payment date?

Qualcomm has announced a quarterly cash dividend of $0.75 per share, payable on December 15, 2022.

When is the record date for Qualcomm's dividend?

The record date for Qualcomm's dividend is December 1, 2022.

How frequently does Qualcomm pay dividends?

Qualcomm typically pays dividends on a quarterly basis.

Is Qualcomm's dividend sustainable?

While the recent dividend indicates financial confidence, sustainability depends on ongoing financial performance.