Tuesday,
March 5th the Board of Directors of QUALCOMM Incorporated (QCOM)
announced
a quarterly dividend increase of from $0.80 to $0.85 per share and
will be effective for quarterly dividends payable after March 21,
2024. This represents a 6.25% increase over the last quarter
dividend.
Cristiano
Amon, President and CEO of Qualcomm Incorporated, said, “We are
pleased to announce an increase in our quarterly dividend. We remain
committed to returning capital to stockholders through a balanced
capital return policy, including a baseline of anti-dilutive stock
repurchases.”
With
current price $174.82 (today's open), this raise brings their
dividend yield to 1.94%.