Qualcomm Incorporated (QCOM) To Go Ex-Dividend on June 4th

Qualcomm Incorporated (NASDAQ:QCOM) announced a quarterly dividend on Wednesday, April 1st. Shareholders 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) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, June 4th. This is a 3.4% increase from Qualcomm’s previous quarterly dividend of $0.89.

Qualcomm has raised its dividend payment 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 dividend payout ratio of 30.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Qualcomm to earn $7.85 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 46.9%.

Qualcomm Trading Down 8.8%

Shares of QCOM stock opened at $228.99 on Tuesday. The company has a market cap of $241.36 billion, a P/E ratio of 24.89, a PEG ratio of 31.09 and a beta of 1.59. The stock has a 50 day simple moving average of $168.02 and a two-hundred day simple moving average of $161.56. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm has a fifty-two week low of $121.99 and a fifty-two week high of $259.92.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Research analysts forecast that Qualcomm will post 7.99 earnings per share for the current year.

Qualcomm announced that its board has approved a stock buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.