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Qualcomm Announces Quarterly Cash Dividend

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Qualcomm Incorporated (NASDAQ: QCOM) has announced a quarterly cash dividend of $0.80 per common share, set to be paid on June 22, 2023. This payment will be issued to stockholders recorded by the close of business on June 1, 2023. The company continues to focus on advancing connectivity and technology for the next generation of devices, enhancing the digital economy. Qualcomm operates primarily through its licensing business and semiconductor divisions, which are integral to its innovation strategy.

Positive
  • Quarterly cash dividend of $0.80 per share increases shareholder income.
  • Dividend payment reflects company confidence in ongoing business performance.
Negative
  • None.

SAN DIEGO, April 12, 2023 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.80 per common share, payable on June 22, 2023, to stockholders of record at the close of business on June 1, 2023.

About Qualcomm

Qualcomm is enabling a world where everyone and everything can be intelligently connected. Our one technology roadmap allows us to efficiently scale the technologies that launched the mobile revolution – including advanced connectivity, high-performance, low-power compute, on-device intelligence and more – to the next generation of connected smart devices across industries. Innovations from Qualcomm and our family of Snapdragon platforms will help enable cloud-edge convergence, transform industries, accelerate the digital economy, and revolutionize how we experience the world, for the greater good.

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.

Qualcomm Contact:
Mauricio Lopez-Hodoyan, Investor Relations
Phone:  1-858-658-4813
Email:  ir@qualcomm.com

 

Cision View original content:https://www.prnewswire.com/news-releases/qualcomm-announces-quarterly-cash-dividend-301795214.html

SOURCE Qualcomm Incorporated

FAQ

What is the amount of Qualcomm's quarterly cash dividend for Q2 2023?

Qualcomm announced a quarterly cash dividend of $0.80 per common share.

When will Qualcomm pay its quarterly cash dividend?

The dividend will be payable on June 22, 2023.

What is the record date for Qualcomm's dividend payment?

The record date for the dividend payment is June 1, 2023.

How often does Qualcomm pay dividends?

Qualcomm typically pays dividends quarterly.

Is Qualcomm's dividend sustainable?

The sustainability of Qualcomm's dividend depends on its ongoing financial performance and revenue generation.

Qualcomm Inc

NASDAQ:QCOM

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179.83B
1.11B
0.09%
81.15%
2.25%
Semiconductors
Radio & Tv Broadcasting & Communications Equipment
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United States of America
SAN DIEGO