Qualcomm Announces Quarterly Cash Dividend

Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) has announced a quarterly cash dividend of $0.68 per common share. This dividend is set to be paid on March 24, 2022, to stockholders of record by the close of business on March 3, 2022. Qualcomm is a leader in wireless technology, particularly in the 5G sector, and its innovations support a wide range of applications beyond smartphones, including automotive and the internet of things.

Positive

• Quarterly cash dividend of $0.68 supports shareholder income.
• Payment date of March 24, 2022, enhances investor confidence.

Negative

• None.

SAN DIEGO, Jan. 18, 2022 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.68 per common share, payable on March 24, 2022, to stockholders of record at the close of business on March 3, 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, 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 announced by Qualcomm?

Qualcomm announced a quarterly cash dividend of $0.68 per share.

When will Qualcomm's dividend be paid?

The dividend will be paid on March 24, 2022.

What is the record date for Qualcomm's dividend?

The record date for the dividend is March 3, 2022.

How often does Qualcomm pay dividends?

Qualcomm pays dividends on a quarterly basis.

Is the dividend sustainable for Qualcomm?

The sustainability of Qualcomm's dividend depends on its ongoing financial performance and market conditions.