Qualcomm Announces Quarterly Cash Dividend

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.75 per common share, payable on September 22, 2022.

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Rhea-AI Summary

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.75 per common share, payable on September 22, 2022. Stockholders of record will be eligible if they hold shares at the close of business on September 1, 2022. This announcement reflects Qualcomm's commitment to returning value to its shareholders amidst its leadership in 5G technology and wireless innovation.

Positive

Quarterly cash dividend of $0.75 per common share demonstrates commitment to shareholder value.

Negative

None.

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News Market Reaction – QCOM

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07/15/2022 - 09:00 AM EDT

SAN DIEGO, July 15, 2022 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.75 per common share, payable on September 22, 2022, to stockholders of record at the close of business on September 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 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

View original content:https://www.prnewswire.com/news-releases/qualcomm-announces-quarterly-cash-dividend-301587264.html

SOURCE Qualcomm Incorporated

FAQ

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What is the dividend amount announced by Qualcomm in July 2022?

Qualcomm announced a quarterly cash dividend of $0.75 per common share.

When will Qualcomm's dividend be paid?

The dividend will be paid on September 22, 2022.

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

The record date for the dividend payment is September 1, 2022.

How often does Qualcomm pay dividends?

Qualcomm typically pays dividends on a quarterly basis.

Is Qualcomm's dividend sustainable?

While the press release does not address sustainability, Qualcomm's leading position in the wireless technology market suggests ongoing cash flow.

Qualcomm Announces Quarterly Cash Dividend