Qualcomm (QCOM) Dividend Increase Reflects Confidence in Earnings Growth, Goldman Reiterates CL-Buy

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Qualcomm (QCOM) Gives Back; Boosts Dividend and Approves New $5B Share Buyback

March 5, 2013 7:51 AM EST

Qualcomm, Inc. (NASDAQ: QCOM) investors are smiling this morning following a sharp dividend increase and new multi-billion dollar share repurchase program.

The mobile chip giant announced Tuesday that its Board of Directors has approved a 40 percent increase in the Company's quarterly cash dividend... More

Qualcomm (QCOM) Boosts Qtr. Dividend 40% to 35c/Share

March 5, 2013 7:34 AM EST

Qualcomm, Inc. (NASDAQ: QCOM) boosts quarterly dividend 40 percent from $0.25 to $0.35. The rate will be effective for quarterly dividends payable after March 27, 2013. This dividend increase will raise the annualized dividend payout to $1.40 per share of common stock.... More

Qualcomm (QCOM) Approves New $5B Buyback Plan

March 5, 2013 7:32 AM EST

Qualcomm Incorporated (Nasdaq: QCOM) announced a new $5.0 billion stock repurchase program to replace the prior $4.0 billion stock repurchase program, which had $2.5 billion of repurchase authority remaining.

The new stock repurchase program has no expiration date. The timing of stock... More