QUALCOMM Incorporated(QCOM) is having a Dividend Yield of 3.75% with the Annual cash Dividend per share of $2.02. The last quarter cash dividend per share pay out was $0.53. QUALCOMM Incorporated has a 5 year average dividend yield of 2.41% and the stock has a Indicated annual dividend of $2.12. QUALCOMM Incorporated(QCOM) formally announced its most recent dividend on January 12, 2017 with a Dividend per share of $0.53. The new indicated annual dividend based on announced dividend per share is $2.12. The dividend yield based on the forward looking indicated annual dividend is 3.75%. QUALCOMM Incorporated(QCOM) has the most recent dividend payout ratio of 0.51 with a 5-year average payout ratio of 0.39. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.12. The 5 year historical dividend growth of QUALCOMM Incorporated(QCOM) is at the rate of 20.99% while the R-Squared dividend growth is 0.92. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
QUALCOMM Incorporated (NASDAQ:QCOM) rose 0.69% or 0.39 points on Thursday and made its way into the gainers of the day. After trading began at $56.58 the stock was seen hitting $56.9 as a peak level and $56.445 as the lowest level. The stock ended up at $56.88. The daily volume was measured at 11,622,895 shares. The 52-week high of the share price is $71.62 and the 52-week low is $45.4. The company has a market cap of $84,014 million. Shares of QUALCOMM Incorporated appreciated by 7.56% during the last five trading days but lost 12.67% on a 4-week basis. QUALCOMM Incorporated has dropped 14.15% during the last 3-month period . Year-to-Date the stock performance stands at -12.76%.
Currently the company Insiders own 0.17% of QUALCOMM Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -41.09% . Institutional Investors own 79.28% of QUALCOMM Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -62.84%. Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Cristiano R Amon (EVP and President, QCT) purchased 18,815 shares at 53.13 per share price.On Jan 31, 2017, Anthony J Vinciquerra (director) purchased 1,000 shares at 53.99 per share price.On Jan 10, 2017, Derek K Aberle (President) sold 11,621 shares at 65.68 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.QUALCOMM was Reiterated by Stifel on Jan 26, 2017 to Buy, Lowers Price Target to $ 65 from a previous price target of $80 .QUALCOMM was Downgraded by Charter Equity to Mkt Perform on Jan 24, 2017. QUALCOMM was Downgraded by Instinet to Neutral on Jan 23, 2017. QUALCOMM was Downgraded by CLSA to Underperform on Jan 23, 2017. QUALCOMM was Upgraded by Rosenblatt to Buy on Jan 12, 2017.
QUALCOMM Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.18. The company had revenue of $5999.00 million for the quarter, compared to analysts expectations of $6116.03 million. The companys revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the companys CDMA digital technology. The companys business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release)