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Qualcomm Announces Quarterly Cash Dividend

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.65 per common share, payable on December 17, 2020, to stockholders of record as of December 3, 2020.

(Neutral)

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Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.65 per common share, payable on December 17, 2020, to stockholders of record as of December 3, 2020. As a leader in wireless technology, Qualcomm continues to influence the mobile ecosystem, particularly with advancements in 5G. Besides its licensing business, Qualcomm Technologies, Inc. manages extensive engineering and research functions vital for product development.

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Positive

  • Quarterly cash dividend of $0.65 per share enhances shareholder income.
  • Strong position in the 5G technology sector, boosting investor confidence.

Negative

  • None.
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+1.90% session move Open Argus
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News Market Reaction – QCOM

The recorded move for QCOM in the trading session of this news was +1.90%.

Data tracked by StockTitan Argus. Session date unavailable.

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SAN DIEGO, Oct. 14, 2020 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.65 per common share, payable on December 17, 2020, to stockholders of record at the close of business on December 3, 2020.

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 

 

Cision View original content:http://www.prnewswire.com/news-releases/qualcomm-announces-quarterly-cash-dividend-301152161.html

SOURCE Qualcomm Incorporated

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by Qualcomm?

Qualcomm announced a quarterly cash dividend of $0.65 per common share.

When will Qualcomm's dividend be paid?

The dividend will be payable on December 17, 2020.

What is the record date for Qualcomm's dividend?

The record date for the dividend is December 3, 2020.

How often does Qualcomm pay dividends?

Qualcomm typically pays dividends quarterly.

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