QUALCOMM Incorporated (NASDAQ:QCOM) will begin trading ex-dividend on December 2, 2020. The quarterly dividend payment of $ 0.65 per share is scheduled to be paid on December 17, 2020. The dividend yield based on the latest trading day closing price was 1.77 percent. Shareholders who purchased QCOM shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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QUALCOMM Incorporated recently reported third quarter financial results on July 29, 2020, after market close, digital communications products manufacturer unveiled income for the third quarter of $ 0.86 per share, from the revenue of $ 4,890.00 million. The quarterly earnings up 87.88 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.71 per share from $ 4810.00 million in revenue. The bottom line results beat street analysts by $ 0.15 or 21.13 percent, at the same time, top line results outshined analysts by $ 80.00 million or 1.66 percent.
Stock Performance
Shares of QUALCOMM Incorporated traded up $ 3.34 or 2.32 percent on Monday, reaching $ 147.17 with volume of 7.89 million shares. QUALCOMM Incorporated has traded high as $ 147.29 and has cracked $ 144.06 on the downward trend
According to the previous trading day, closing price of $ 147.17, representing a 147.98 % increase from the 52 week low of $ 58.00 and a 6.2 % decrease over the 52 week high of $ 153.33.
The company has a market capital of $ 166.45 billion and is part of the Technology sector and Semiconductors industry.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.
