Investors eagerly anticipate the dividend payout from Qualcomm QCOM on September 21, 2023. With a payout of $0.80 per share and an annualized dividend yield of 2.60%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on August 30, 2023
Qualcomm Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-30 | 4 | $0.8 | 2.6% | 2023-07-14 | 2023-08-31 | 2023-09-21 |
| 2023-05-31 | 4 | $0.8 | 2.59% | 2023-04-12 | 2023-06-01 | 2023-06-22 |
| 2023-03-01 | 4 | $0.75 | 2.49% | 2023-01-18 | 2023-03-02 | 2023-03-23 |
| 2022-11-30 | 4 | $0.75 | 2.66% | 2022-10-14 | 2022-12-01 | 2022-12-15 |
| 2022-08-31 | 4 | $0.75 | 2.11% | 2022-07-15 | 2022-09-01 | 2022-09-22 |
| 2022-06-01 | 4 | $0.75 | 2.2% | 2022-04-13 | 2022-06-02 | 2022-06-23 |
| 2022-03-02 | 4 | $0.68 | 1.44% | 2022-01-18 | 2022-03-03 | 2022-03-24 |
| 2021-12-01 | 4 | $0.68 | 2.21% | 2021-10-13 | 2021-12-02 | 2021-12-16 |
| 2021-09-01 | 4 | $0.68 | 1.93% | 2021-07-14 | 2021-09-02 | 2021-09-23 |
| 2021-06-02 | 4 | $0.68 | 1.98% | 2021-04-14 | 2021-06-03 | 2021-06-24 |
| 2021-03-03 | 4 | $0.65 | 1.59% | 2021-01-20 | 2021-03-04 | 2021-03-25 |
| 2020-12-02 | 4 | $0.65 | 2.04% | 2020-10-14 | 2020-12-03 | 2020-12-17 |
Qualcomm's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics UMC having the highest annualized dividend yield at 8.41%.
Analyzing Qualcomm Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $2.48 to $2.93, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Qualcomm
From 2019 to 2022, Qualcomm experienced a growth in earnings per share, with an increase from $3.55 to $12.53. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Qualcomm and its implications for shareholders. Presently, the company is distributing a dividend of $0.80 per share, leading to an annualized dividend yield of 2.60%.
Qualcomm's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics having the highest annualized dividend yield at 8.41%.
Given that Qualcomm has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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