Qualcomm Incorporated (QCOM) To Go Ex-Dividend on September 3rd

Qualcomm Incorporated (NASDAQ:QCOM) declared a quarterly dividend on Friday, July 17th. Investors of record on Thursday, September 3rd will be paid a dividend of 0.92 per share by the wireless technology company on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 3rd.

Qualcomm has increased 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% indicating that its dividend is sufficiently covered by earnings. Analysts expect Qualcomm to earn $8.03 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 45.8%.

Qualcomm Trading Up 0.7%

NASDAQ:QCOM opened at $171.78 on Friday. The company has a fifty day moving average of $207.62 and a 200 day moving average of $168.42. Qualcomm has a 52 week low of $121.99 and a 52 week high of $259.92. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $181.06 billion, a P/E ratio of 18.67, a P/E/G ratio of 5.11 and a beta of 1.63.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. During the same quarter in the prior year, the company posted $2.85 EPS. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts predict that Qualcomm will post 7.97 earnings per share for the current year.

Analyst Ratings Changes

QCOM has been the topic of several recent analyst reports. Morgan Stanley raised Qualcomm from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $146.00 to $231.00 in a research note on Thursday, June 25th. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a research note on Thursday, June 25th. Bank of America raised their price target on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. HSBC reiterated a “hold” rating on shares of Qualcomm in a report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $221.31.

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.