Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) declared a quarterly cash dividend of $0.68 per common share, to be paid on September 23, 2021. Shareholders on record as of September 2, 2021 will receive this payment. Qualcomm is a leader in wireless technology and plays a pivotal role in the development of 5G, with technologies that support 3G, 4G, and 5G smartphones. The company also extends its innovations to industries like automotive, the Internet of Things, and computing.

Positive

• Quarterly cash dividend of $0.68 per share enhances shareholder value.
• Confidence in sustaining a dividend reflects financial stability.

Negative

• None.

SAN DIEGO, July 14, 2021 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.68 per common share, payable on September 23, 2021, to stockholders of record at the close of business on September 2, 2021.

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, 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 amount of Qualcomm's quarterly cash dividend?

Qualcomm's quarterly cash dividend is $0.68 per common share.

When will Qualcomm's dividend be paid?

The dividend will be paid on September 23, 2021.

Who is eligible to receive Qualcomm's dividend?

Stockholders of record as of September 2, 2021, will be eligible to receive the dividend.

How often does Qualcomm pay dividends?

Qualcomm typically pays dividends quarterly.

Is Qualcomm's dividend sustainable?

While the press release does not specify, the regularity of Qualcomm's dividends suggests a level of financial stability.