QUALCOMM Incorporated Announces Quarterly Dividend of $0.89 (NASDAQ:QCOM)

QUALCOMM Incorporated (NASDAQ:QCOM) declared a quarterly dividend on Friday, January 16th. Stockholders of record on Thursday, March 5th will be given a dividend of 0.89 per share by the wireless technology company on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, March 5th.

QUALCOMM has increased 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 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 Down 1.2%

Shares of QCOM traded down $1.97 during mid-day trading on Friday, reaching $159.42. The company’s stock had a trading volume of 11,885,142 shares, compared to its average volume of 9,226,976. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $205.95. The stock has a market cap of $170.74 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 3.60 and a beta of 1.21. The company’s 50 day moving average is $172.33 and its 200 day moving average is $165.60.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm’s revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts anticipate that QUALCOMM will post 9.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the transaction, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 53,155 shares of company stock valued at $9,267,593. 0.08% of the stock is owned by company insiders.

Hedge Funds Weigh In On QUALCOMM

Large investors have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC raised its position in QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares in the last quarter. Norges Bank purchased a new stake in shares of QUALCOMM during the 2nd quarter worth $2,713,603,000. Wellington Management Group LLP grew its stake in shares of QUALCOMM by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after purchasing an additional 7,292,783 shares during the period. Amundi increased its holdings in shares of QUALCOMM by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of QUALCOMM by 36.8% in the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock valued at $1,090,025,000 after purchasing an additional 1,764,252 shares during the period. 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.