Joined Nov 11, 2007
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$QCOM to Raise Dividend and Start a $5B Share Buy Back


“NEW YORK (MarketWatch) — Qualcomm Inc.QCOM +2.12% said Tuesday it raised its quarterly cash dividend by 40% to 35 cents a share from 25 cents a share, effective for dividends payable after March 27. The San Diego-based chip maker also announced a new $5 billion share buyback program with no expiration date that will replace the existing $4 billion program. Shares rose 1.8% in premarket trading. “

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