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

Qualcomm Incorporated (NASDAQ:QCOM) declared a quarterly dividend on Wednesday, October 21st. Shareholders 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 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 3rd.

Qualcomm has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 23 consecutive years. Qualcomm has a dividend payout ratio of 30.7% meaning its dividend is sufficiently covered by earnings. Equities 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 Trading Up 1.3%

Shares of QCOM traded up $2.25 on Wednesday, reaching $177.96. 7,195,506 shares of the company’s stock were exchanged, compared to its average volume of 15,165,119. Qualcomm has a 12 month low of $121.99 and a 12 month high of $259.92. The stock has a market capitalization of $190.03 billion, a P/E ratio of 20.60, a price-to-earnings-growth ratio of 3.91 and a beta of 1.65. 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 business has a 50 day moving average price of $175.51 and a two-hundred day moving average price of $180.35.

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

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: TD Cowen raised its Qualcomm price target to $200 from $175 and upgraded the stock to “Buy.” The revised target suggests analysts see additional upside and greater confidence in Qualcomm’s valuation and business outlook.
• Positive Sentiment: Qualcomm announced a quarterly cash dividend of $0.92 per share. The dividend is payable December 17 to shareholders of record December 3, providing continued income support and signaling ongoing confidence in cash generation. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: The planned acquisition of PickNik Robotics could expand Qualcomm’s physical-AI and robotics businesses. The deal may strengthen the Dragonwing ecosystem and diversify growth beyond smartphones into industrial and connected-device markets. Can Qualcomm’s PickNik Acquisition Strengthen Its Robotics Edge?
• Positive Sentiment: Reported global layoffs may improve operating efficiency. Qualcomm is reportedly pursuing performance-focused job cuts, which could lower expenses and redirect resources toward higher-growth businesses. Qualcomm to Cut Jobs Worldwide in Performance-Focused Layoffs
• Neutral Sentiment: Qualcomm’s recent trading strength reflects improved near-term sentiment, although the move was not accompanied by a new earnings report. The company’s latest quarter included revenue above expectations but a slight EPS miss, with revenue down 4% year over year.
• Negative Sentiment: EVP Akash Palkhiwala sold 2,500 shares worth approximately $437,650. The sale reduced his position by 10.73%, though it was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal. Qualcomm Insider Share Sale
• Negative Sentiment: The layoffs also highlight pressure to improve performance, potentially creating execution risk, employee disruption and restructuring costs.

Qualcomm Company Profile

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.