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March 10, 2020, 9:06 a.m. EDT

Qualcomm raises quarterly dividend by 5% to 65 cents a share

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By Ciara Linnane

Qualcomm Inc. /zigman2/quotes/206679220/composite QCOM +3.55% said Tuesday its board has approved a 5% increase in its quarterly cash dividend to 65 cents a share. The new dividend will be payable after March 26, the company said. Shares rose 4.3% in premarket trade and have gained 36% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.48% has gained 0.1%.

/zigman2/quotes/206679220/composite
US : U.S.: Nasdaq
$ 80.88
+2.77 +3.55%
Volume: 10.56M
May 29, 2020 4:00p
P/E Ratio
23.98
Dividend Yield
3.21%
Market Cap
$90.98 billion
Rev. per Employee
$607,486
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/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
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