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Wireless

Qualcomm raises quarterly dividend 10%

Tuesday 8 March 2016 | 14:42 CET | News
Qualcomm announced that its Board of Directors has approved a 10 percent increase in the company's quarterly cash dividend. As a result the next dividend will increase from USD 0.48 to USD 0.53 per share, resulting in a total annual dividend of USD 2.12. CEO Steve Mollenkopf said the higher dividend reflects the strength of ongoing cash flows, as well as confidence that investments have created a strong foundation for future earnings growth. The announcement comes the same day as Qualcomm's annual shareholders meeting in San Diego. 

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Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
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