03-10-2021, 09:33 AM
(03-10-2021, 09:16 AM)EricL Wrote: Less than I was hoping for, QCOM must be playing it conservative. Hopefully with 75% EPS growth expected in 2021 we will get a bigger boost next year.I have been trying to get informed since I started a position. There seems to be a very strong consensus that they hit growth targets in a year, and little consensus how much they will be affected by chip shortages near-term. They have limited control of that for the next few months minimum, and likely longer as they are not a Fab, or intend to be.
Qualcomm Incorporated (QCOM) today announced that its Board of Directors has approved a 5 percent increase in the Company's quarterly cash dividend. The quarterly cash dividend will increase from $0.65 to $0.68 per share of common stock and will be effective for quarterly dividends payable after March 25, 2021. This dividend increase will raise the annualized dividend payout to $2.72 per share of common stock.