April 26, 2017

Qualcomm: 4.3% Dividend Yield, With NXP Acquisition A Major Growth Catalyst



A 4%+ dividend yield is hard to find in the technology sector, which makes Qualcomm (QCOM) that much more appealing.

Qualcomm stock possesses the rare combination of a high dividend yield, along with high dividend growth as well.

It recently raised its dividend by 7.5%, which pushed its dividend yield up to 4.3%.

Qualcomm is a Dividend Achiever, a group of 265 stocks with 10+ years of consecutive dividend increases.

The stock has been dragged down by a negative news flow. It has lost nearly 20% of its value year-to-date.

But long-term investors should not be swayed.

Qualcomm remains a high-quality company, with a strong industry position, high free cash flow, and an excellent balance sheet.

Its sagging share price—which has pushed its dividend yield to 4.3%–could be a great buying opportunity for long-term dividend growth investors.




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