QUALCOMM Incorporated ( NASDAQ:QCOM ) engages in the
development and production of foundational electronics for mobile, wireless,
network and other consumer devices. The company is also notably involved in the
expansion of 5G infrastructure solutions and investors are looking at this as a
path to growth.
As Qualcomm matures, we are going to look at how they are
sustaining their profitability and returning earnings to shareholders.
It is important to note that Qualcomm has a history of
reliable dividend payments going back to 2003 and has been steadily increasing
their dividend per share ever since.
Qualcomm has announced that it will be increasing its
dividend on the 24th of June to US$0.68. This makes the dividend yield 2.0%,
which is above the industry average.
The company also returned around 1.6% of its market
capitalization to shareholders in the form of stock buybacks over the past
year.
QUALCOMM Covers Its Dividend By Earnings
Reliable dividend payments and stable yields build long-term
trust for investors. Qualcomm is a reliable company, now with a kink for 5G
market share participation.
The best kind of dividends are those that are well covered
by the company’s profits.
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