Qualcomm Boosts Dividend 3%; Authorizes $20.0 Bln Stock Repurchase

Qualcomm's board approved a quarterly cash dividend increase to $0.92 from $0.89 per share, a $0.03 rise (~3.4%). The modest raise signals continued shareholder returns and likely stable cash generation; impact should be limited but mildly positive for income-focused investors.

Analysis

Qualcomm's board approved a quarterly cash dividend increase to $0.92 from $0.89 per share, a $0.03 rise (~3.4%). The modest raise signals continued shareholder returns and likely stable cash generation; impact should be limited but mildly positive for income-focused investors.