03-25-2025, 03:50 PM
(This post was last modified: 05-21-2025, 09:23 AM by Dividend Watcher.)
Qualcomm Increases Quarterly Cash Dividend
03/18/2025
SAN DIEGO--(BUSINESS WIRE)-- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.85 to $0.89 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 27, 2025, and will raise the annualized dividend payout to $3.56 per share of common stock.
Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.”
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So it looks like the June dividend will be the first increased payment. The highlighted section finally articulates what their dividend policy will be going forward. Sounds like the Board is sending a signal and it's time to start studying alternatives.
03/18/2025
SAN DIEGO--(BUSINESS WIRE)-- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.85 to $0.89 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 27, 2025, and will raise the annualized dividend payout to $3.56 per share of common stock.
Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.”
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So it looks like the June dividend will be the first increased payment. The highlighted section finally articulates what their dividend policy will be going forward. Sounds like the Board is sending a signal and it's time to start studying alternatives.