Qualcomm, Inc. Dividend Stock Analysis

Qualcomm Inc. (NASDAQ:QCOM) is the behind-the-scenes technology company that has allowed the rapid expansion of mobile devices. They design and manufacture chips as well as hold over 17,000 patents related to the communication technology field, which allows them to collect royalties from companies that choose not to use their chipsets. Qualcomm, Inc. is a dividend contender with 13 consecutive years of dividend growth. Qualcomm, Inc. closed trading on Friday, April 24th at $68.24 giving a current yield of 2.81%.

The following tables/graphs are taken from my personal stock analysis spreadsheet. Data for the stock analysis was sourced from Qualcomm, Inc.'s investor relations page, Morningstar, and Yahoo Finance.

Historic Growth Rates:

Historically, owners of Qualcomm, Inc. have earned solid returns. According to longrundata.com, QCOM has rewarded investors with a total return of 236% or 8.9% annualized over the last 10 years. The historic returns in the stock market only tells part of the story since they are highly dependent on the valuation at the time of purchase. Looking at the historic growth rates for per share dividends, earnings, revenue, and free cash flow paints an equally bright picture.

You can read the full analysis of Qualcomm, Inc. on Seeking Alpha.

Comments

  1. QCOM also ordinarily has sweet put premiums if you want to do an options play instead.

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