Qualcomm Incorporated (NASDAQ:QCOM) to Issue Dividend Increase – $0.92 Per Share

Qualcomm Incorporated (NASDAQ:QCOM) declared a quarterly dividend on Friday, April 17th. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.92 per share by the wireless technology company on Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, June 4th. This is a 3.4% increase from Qualcomm’s previous quarterly dividend of $0.89.

Qualcomm has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 23 consecutive years. Qualcomm has a payout ratio of 29.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Qualcomm to earn $9.86 per share next year, which means the company should continue to be able to cover its $3.56 annual dividend with an expected future payout ratio of 36.1%.

Qualcomm Stock Up 1.3%

Shares of NASDAQ QCOM traded up $1.73 during midday trading on Friday, hitting $136.20. The stock had a trading volume of 9,585,345 shares, compared to its average volume of 11,081,039. The business’s 50 day moving average is $134.50 and its 200-day moving average is $156.67. The company has a market cap of $145.33 billion, a P/E ratio of 28.14 and a beta of 1.28. Qualcomm has a 52 week low of $121.99 and a 52 week high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts predict that Qualcomm will post 9.39 EPS for the current year.

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the completion of the sale, the executive vice president directly owned 30,684 shares of the company’s stock, valued at approximately $3,999,352.56. This represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,118 shares of company stock valued at $1,233,705. 0.05% of the stock is owned by corporate insiders.

Institutional Trading of Qualcomm

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. increased its stake in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in shares of Qualcomm in the third quarter worth $27,000. Richardson Financial Services Inc. increased its stake in shares of Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Qualcomm in the fourth quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

About Qualcomm

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.