Qualcomm Raises Quarterly Dividend

QCOMSan Diego-based Qualcomm Inc. (NASDAQ: QCOM – $79.14) has declared a quarterly dividend of $0.42 per share, a 20% increase from the prior dividend of $0.35. The new rate will provide investors with a 2.1% annual yield. Separately, the mobile chip provider introduced its next generation of high-end mobile processors – Snapdragon 808 and 810 – to enhance video, imaging and graphics for smart phones and tablets. The shares, although up nearly 20% in the past twelve months, continue to offer solid long-term price appreciation potential for the aggressive investor.

QCOM

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: