As per QUALCOMM Incorporated (NASDAQ:QCOM)’s news release on 2016-07-12, its shareholders will get cash dividend of $0.53 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-31 and 2016-09-21, respectively.
The stock will commence trading ex-dividend from 2016-08-29, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year QUALCOMM Incorporated (NASDAQ:QCOM) disbursed $0.53 in dividend compared to distribution of $0.53, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 16.8831%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated QUALCOMM Incorporated (NASDAQ:QCOM) to attain a price target of $59.441. It is an average estimate figure given by 17 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $70. The low price range is set at $39 for next year while the arithmetic mean is seen at 2.32.
Eyeing Earnings QUALCOMM Incorporated (NASDAQ:QCOM) is likely to post quarterly numbers around 2016-11-02 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.98 for the period ending on 2016-09-30.
In last quarter ended 2015-09-30, QUALCOMM Incorporated (NASDAQ:QCOM) earnings came at $1.03 suggesting a deviation of $0.2. The brokerages targeted EPS of $0.83 for the quarter.
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