Qualcomm Announces Quarterly Cash Dividend

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Go back to Qualcomm Announces Quarterly Cash Dividend

Canaccord Genuity Cuts Price Target on Qualcomm (QCOM) Following Weak Android Smartphone Sales

July 8, 2015 9:23 AM EDT

Canaccord Genuity maintains a Buy rating on Qualcomm (NASDAQ: QCOM), and cut the price target to $77.00 (from $80.00), due to weaker high-end Android smartphone sales. While near-term dynamics continue to negatively impact F2015 estimates, Analyst Michael Walkley anticipates gradually recovering earnings growth in F2016.

Walkley commented, "Due to... More

Qualcomm (QCOM) Declares $0.48 Quarterly Dividend; 3% Yield

July 7, 2015 9:01 AM EDT

Qualcomm (NASDAQ: QCOM) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on September 23, 2015, to stockholders of record on September 2, 2015, with an ex-dividend date of August 31, 2015.

The annual yield on the dividend is 3 percent.

For a... More