Qualcomm Hikes Quarterly Dividend 16.3%

QCOM

QCOM

Qualcomm Incorporated announced that its Board of Directors has approved a 16% increase in the Company's quarterly cash dividend. The cash dividend will increase from $0.215 to $0.25 per share of common stock and will be effective for quarterly dividends payable after March 23, 2012. This dividend increase will raise the annualized dividend payout to $1.00 per share of common stock.
EventVestor Insights on the impact of Dividend Array event on stock prices:
QCOM stock price outperformed the market 1 out of 4 times over the last two years, by an average 0.7% the day it announced Dividend events. During the one week period after Dividend , the stock outperformed the market 2 out of 4 occasions by an average 0.6%.
QCOM stock price underperformed the market 3 out of 4 times over the last two years, by an average -1.1% the day it announced Dividend events. During the one week period after Dividend , the stock underperformed the market 2 out of 4 occasions by an average -2.8%.
QCOM peers (BRCM, PHG, NOK, ERIC, INTC, TXN, MSFT, CMTL) have outperformed the market 5 out of 12 times over the last two years, by an average 2.8% the day they announced Dividend events. During the one week period after Dividend , these stocks outperformed the market 5 out of 12 occasions , by an average 0.8%.
QCOM peers (BRCM, PHG, NOK, ERIC, INTC, TXN, MSFT, CMTL) have underperformed the market 5 out of 12 times over the last two years, by an average -2.0% the day they announced Dividend events. During the one week period after Dividend , these stocks underperformed the market 5 out of 12 occasions, by an average -0.9%.

There have been a total of 705 Dividend announcements during the last 1 month.

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