Qualcomm raises dividend by 10% to $0.75
Qualcomm (NASDAQ:QCOM) declares $0.75/share quarterly dividend, 10.3% increase from prior dividend of $0.68.
This raise is effective for quarterly dividends payable after March 24, 2022.
Cristiano Amon, President and CEO of Qualcomm Incorporated, said, "We are pleased to announce an increase in our quarterly dividend. Given our long-term earnings growth expectations we provided at 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 strong dividend growth with an annualized target of high-single-digit to low-double-digit growth."
SharesÂ +3%Â premarket.
See QCOM Dividend Scorecard, Yield Chart, & Dividend Growth.