Qualcomm Incorporated (NASDAQ:QCOM) Shares Set to Pay Quarterly Dividend of $0.92

Qualcomm Incorporated (NASDAQ:QCOM) declared a quarterly dividend on Wednesday, October 21st. Investors of record on Thursday, December 3rd will be given a dividend of $0.92 per share by the wireless technology company on Thursday, December 17th. This represents a $3.68 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd.

Qualcomm has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 23 years. Qualcomm has a dividend payout ratio of 30.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Qualcomm to earn $7.15 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 51.5%.

Qualcomm Price Performance

Shares of NASDAQ QCOM opened at $175.57 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock has a market cap of $187.48 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 3.96 and a beta of 1.65. The company’s 50-day moving average price is $175.81 and its 200 day moving average price is $180.71. Qualcomm has a 52 week low of $121.99 and a 52 week high of $259.92.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The company had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period in the prior year, the business earned $2.77 earnings per share. Qualcomm’s revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, research analysts forecast that Qualcomm will post 7.74 earnings per share for the current fiscal year.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.