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QUALCOMM Incorporated (NASDAQ:QCOM) Announces Quarterly Dividend of $0.89

QUALCOMM logo with Computer and Technology background

Key Points

  • QUALCOMM Incorporated announced a quarterly dividend of $0.89 per share, with an ex-dividend date of December 4th and payment scheduled for December 18th, resulting in an annualized yield of 2.2%.
  • The company has a dividend payout ratio of 29.7%, indicating that the dividend is well-supported by earnings, with analysts projecting future earnings of $9.86 per share.
  • QUALCOMM's stock price was reported at $163.45 with a market cap of $176.36 billion, and various analysts have set target prices ranging from $165 to $225, with an average rating of "Moderate Buy."
  • Five stocks to consider instead of QUALCOMM.

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) announced a quarterly dividend on Friday, October 17th. Investors of record on Thursday, December 4th will be given a dividend of 0.89 per share by the wireless technology company on Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, December 4th.

QUALCOMM has a dividend payout ratio of 29.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect QUALCOMM to earn $9.86 per share next year, which means the company should continue to be able to cover its $3.56 annual dividend with an expected future payout ratio of 36.1%.

QUALCOMM Price Performance

QUALCOMM stock traded down $0.63 during midday trading on Friday, reaching $163.45. 4,801,989 shares of the stock were exchanged, compared to its average volume of 8,235,710. The company's fifty day moving average is $161.68 and its 200-day moving average is $153.67. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The firm has a market cap of $176.36 billion, a PE ratio of 15.76, a PEG ratio of 2.37 and a beta of 1.23. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $182.10.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping analysts' consensus estimates of $2.71 by $0.06. The business had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. QUALCOMM's revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, sell-side analysts forecast that QUALCOMM will post 9.39 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on QCOM shares. Arete Research set a $200.00 price target on shares of QUALCOMM in a research note on Tuesday, August 26th. Arete raised shares of QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. UBS Group upped their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the stock an "outperform" rating in a report on Monday, July 28th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $182.82.

Read Our Latest Stock Report on QCOM

QUALCOMM Company Profile

(Get Free Report)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

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Dividend History for QUALCOMM (NASDAQ:QCOM)

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