Qualcomm: increases quarterly dividend

(CercleFinance.com) - Qualcomm has announced that its Board of Directors has approved an increase in the quarterly dividend from $0.
80 to $0.85 per share, effective for payments scheduled after 21 March.

We remain committed to returning capital to shareholders through a balanced capital redistribution policy, including a baseline of anti-dilutive share buybacks, management said.

For the record, at end-January, the wireless technology group unveiled adjusted net income up 16% to $3.1bn for Q1 2023-24, or $2.75 per share.


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