Dividend Runner: $0.53 just might be within reach for QUALCOMM Incorporated (NASDAQ:QCOM) shareholder.

Dividend Runner: $0.53 just might be within reach for QUALCOMM Incorporated (NASDAQ:QCOM) shareholder.

QUALCOMM Incorporated (NASDAQ:QCOM) is expected to pay $0.53 on Dec 16, 2016. The indicated annual dividend is $2.12. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on QUALCOMM Incorporated’s current price of $68.29, the dividend is 0.78%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 6, 2016. The stock increased 0.23% or $0.16 on November 25, hitting $68.29. About 4.20M shares traded hands. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 30.25% since April 25, 2016 and is uptrending. It has outperformed by 24.24% the S&P500.

QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access . The company has a market cap of $101.09 billion. The Firm is engaged in the development and commercialization of the orthogonal frequency division multiple access (OFDMA) family of technologies, including long-term evolution (LTE), which is an Orthogonal Frequency Division Multiplexing (OFDM) standard that uses OFDMA and single-carrier Frequency Division Multiple Access (FDMA), for cellular wireless communication applications. It has a 17.93 P/E ratio. The Company’s divisions include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives).

Insitutional Activity: The institutional sentiment increased to 1.08 in Q2 2016. Its up 0.12, from 0.96 in 2016Q1. The ratio improved, as 70 funds sold all QUALCOMM, Inc. shares owned while 519 reduced positions. 104 funds bought stakes while 461 increased positions. They now own 1.10 billion shares or 0.47% less from 1.11 billion shares in 2016Q1.
State Treasurer State Of Michigan reported 539,295 shares or 0.23% of all its holdings. Osher Van De Voorde Investment Mngmt accumulated 174,725 shares or 5.96% of the stock. First Long Island Invsts Limited Liability Corporation has 241,659 shares for 2.36% of their US portfolio. Ep Wealth Advsrs Inc has 148,202 shares for 1.27% of their US portfolio. Fiera accumulated 0.01% or 43,072 shares. Riggs Asset Managment Com accumulated 1.09% or 38,681 shares. Comgest Investors Sas holds 49,800 shares or 0.08% of its portfolio. Princeton Portfolio Strategies Group Inc Ltd Liability Com holds 26,356 shares or 0.46% of its portfolio. Green Square Limited owns 82,349 shares or 1.09% of their US portfolio. Gulf Bank (Uk) Limited, a United Kingdom-based fund reported 450,735 shares. Garrison Corp last reported 20,768 shares in the company. Mcf Limited Liability Company last reported 0% of its portfolio in the stock. Taylor Frigon Limited Liability Corporation has 1.6% invested in the company for 28,594 shares. Advance Cap I reported 13,000 shares or 0.74% of all its holdings. Mizuho Tru & holds 0.39% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM) for 2.35M shares.

Insider Transactions: Since July 21, 2016, the stock had 0 insider purchases, and 17 insider sales for $18.33 million net activity. GROB MATTHEW S also sold $1.85M worth of QUALCOMM, Inc. (NASDAQ:QCOM) on Tuesday, July 26. $1.31M worth of shares were sold by ABERLE DEREK K on Wednesday, August 31. On Friday, July 22 the insider DITTAMORE RAYMOND V sold $427,000. The insider Rosenberg Donald J sold $503,993. Another trade for 10,000 shares valued at $609,379 was sold by THOMPSON JAMES H. $652,618 worth of QUALCOMM, Inc. (NASDAQ:QCOM) was sold by STERLING MICHELLE M.

QUALCOMM, Inc. (NASDAQ:QCOM) Ratings Coverage

Out of 27 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 59% are positive. Qualcomm Inc. has been the topic of 63 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Thursday, July 23 by Stifel Nicolaus. As per Thursday, July 23, the company rating was maintained by Brean Capital. The firm has “Buy” rating by Nomura given on Monday, October 31. As per Thursday, November 5, the company rating was maintained by Mizuho. On Monday, March 28 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The stock has “Buy” rating given by Canaccord Genuity on Thursday, July 21. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Outperform” rating by Cowen & Co on Wednesday, December 16. The company was initiated on Tuesday, September 8 by JP Morgan. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Outperform” rating by Cowen & Co on Thursday, July 21. On Thursday, January 14 the stock rating was maintained by Mizuho with “Neutral”.

More important recent QUALCOMM, Inc. (NASDAQ:QCOM) news were published by: Fool.com which released: “1 Way Qualcomm Inc. Is Leaving Intel Corporation in the Dust” on November 23, 2016, also Profitconfidential.com published article titled: “QCOM Stock: Why Qualcomm Inc. Is Poised for Immense Growth”, Fool.com published: “Better Buy: Qualcomm Inc vs. Broadcom Ltd.” on November 09, 2016. More interesting news about QUALCOMM, Inc. (NASDAQ:QCOM) was released by: Seekingalpha.com and their article: “Big Things To Come For Qualcomm” with publication date: November 21, 2016.

QCOM Company Profile

QUALCOMM Incorporated, incorporated on August 15, 1991, is engaged in the development and commercialization of a digital communication technology called code division multiple access (CDMA). The Firm is engaged in the development and commercialization of the orthogonal frequency division multiple access (OFDMA) family of technologies, including long-term evolution (LTE), which is an Orthogonal Frequency Division Multiplexing (OFDM) standard that uses OFDMA and single-carrier Frequency Division Multiple Access (FDMA), for cellular wireless communication applications. The Company’s divisions include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives). The Firm also develops and commercializes a range of other technologies used in handsets and tablets that contribute to end user demand, such as certain audio and video codecs, the wireless local area networks (WLAN) 802.11 functionality and volatile and non-volatile memory controllers. Other technologies used by wireless devices that it has developed include operating systems, user interfaces, graphics and camera processing functionality, integrated circuit packaging techniques, sensors and sensor fusion algorithms and application processor architectures.

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