Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Qualcomm    QCOM

QUALCOMM (QCOM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

QUALCOMM, Inc. : Qualcomm raises dividend, increases share repurchase

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/05/2013 | 03:23pm CET
People sit next a Qualcomm stand at the Mobile World Congress at Barcelona

(Reuters) - Qualcomm Inc, the world's leading supplier of chips for cellphones, said it was raising its quarterly cash dividend by 40 percent and introduced a new $5 billion stock repurchase program, sending its shares higher in premarket trading.

The quarterly dividend will increase to 35 cents per share from 25 cents.

The $5 billion stock repurchase program, which has no expiration date, replaces a $4 billion buyback program. About $2.5 billion of "repurchase authority" had been remaining on the previous buyback program.

Shares rose $1.62 or 2.4 percent on the news to $68.25 per share in premarket trading.

The news comes as San Diego-based Qualcomm is benefiting from strong demand for smartphones and a move by network operators around the world to a high-speed wireless technology known as long term evolution (LTE), where Qualcomm is ahead of rivals.

On January 30, Qualcomm raised its financial targets for this year and also announced the retirement of its chief financial officer.

(Reporting By Liana B. Baker; Editing by Gerald E. McCormick)

Valeurs citées dans l'article
ChangeLast1st jan.
QUALCOMM -1.92% 62.18 Delayed Quote.-0.97%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on QUALCOMM
11:15aQUALCOMM : Issues Statement on Reduced Broadcom Proposal
AQ
02/22QUALCOMM : and Leading Automotive Companies Across the Globe Drive the Commercia..
AQ
02/22QUALCOMM : Former senior government officials and leading antitrust experts from..
AQ
02/22QUALCOMM : Intel plans powerful 5G laptops for 2019 to take on Qualcomm’s ..
AQ
02/22QUALCOMM SNAPDRAGON 835 ON WINDOWS : what the world’s laptop experts think
AQ
02/22QUALCOMM : Unveils Innovations to Enhance Wi-Fi, Wireless Audio, VR, and AI
AQ
02/22QUALCOMM : Samsung Electronics, Qualcomm Expand Foundry Cooperation on EUV Proce..
AQ
02/22QUALCOMM : Blog Exposure – Qualcomm/ NXP deal nears closure as Investors Support..
AC
02/22QUALCOMM : and Leading Automotive Companies Across the Globe Drive the Commercia..
PR
02/22QUALCOMM : Dover Microsystems Secures $6M Seed Funding
AQ
More news
News from SeekingAlpha
02/22Qualcomm sends shareholder letter about Broadcom and NXP 
02/22Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q4 2017 Update 
02/22QUALCOMM : No Deal Is Preferred 
02/22Intel collaborates with PC makers for 5G connection 
02/22Upcoming Dividends; 89 Companies, 32 Increases, 14 Double-Digit Increases 
Financials ($)
Sales 2018 22 221 M
EBIT 2018 5 599 M
Net income 2018 -3 326 M
Finance 2018 12 264 M
Yield 2018 3,71%
P/E ratio 2018 -
P/E ratio 2019 21,04
EV / Sales 2018 3,67x
EV / Sales 2019 3,52x
Capitalization 93 855 M
Chart QUALCOMM
Duration : Period :
Qualcomm Technical Analysis Chart | QCOM | US7475251036 | 4-Traders
Technical analysis trends QUALCOMM
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 70,9 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Steven M. Mollenkopf Chief Executive Officer & Director
Cristiano R. Amon President
Paul E. Jacobs Executive Chairman
George S. Davis CFO, Principal Accounting Officer & Executive VP
Mary Gendron Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
QUALCOMM-0.97%93 855
CISCO SYSTEMS13.08%214 108
ERICSSON1.80%22 401
ZTE CORPORATION--.--%19 501
HARRIS CORPORATION10.84%18 854
ARISTA NETWORKS INC5.97%17 400