Shares of Qualcomm Inc. gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its...
Shares of Qualcomm Inc.
gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its quarterly dividend by 6.7%, to 80 cents a share from 75 cents a share. The new dividend will be effective for dividends payable after March 23. Based on Tuesday’s stock closing price of $119.19, the new annual dividend rate implies a dividend yield of 2.68%, which compares with the yield for the Technology Select Sector SPDR exchange-traded fund of 0.
gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its quarterly dividend by 6.7%, to 80 cents a share from 75 cents a share. The new dividend will be effective for dividends payable after March 23. Based on Tuesday’s stock closing price of $119.19, the new annual dividend rate implies a dividend yield of 2.68%, which compares with the yield for the Technology Select Sector SPDR exchange-traded fund of 0.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Delta’s stock has significantly trailed its big rivals. That could change, analysts say.Shares of Delta Air Lines Inc. moved higher on Tuesday after Evercore analysts upgraded the stock.
Read more »
Nothing Phone (2) will use an old Snapdragon 8 chip, Qualcomm exec confirmsA Qualcomm exec confirmed the Nothing Phone (2) will feature the Snapdragon 8 Plus Gen 1 chip and then deleted the social media post.
Read more »
Qualcomm lays off more workers in San Diego amid smartphone sales slumpLatest workforce reductions come after the mobile technology firm trimmed 153 jobs in December.
Read more »
Qualcomm Exec accidentally confirms Nothing Phone 2 will feature Snapdragon 8+ Gen 1 chipA Qualcomm exec has accidentally let it slip on social media which chip the Nothing Phone (2) will be powered by.
Read more »
Murder, Inc.: Gang of Crows Runs Denver's Uptown NeighborhoodTens of thousands of the black birds have made themselves at home in North Capitol Hill.
Read more »
United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlookShares of United Natural Foods Inc. plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal...
Read more »