QUALCOMM Incorporated (NASDAQ:QCOM) Updates On Dividend Release Date


On 2016-07-12, QUALCOMM Incorporated (NASDAQ:QCOM) confirmed the dividend disbursement of $0.53 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-21 while ex-dividend date is reported to be 2016-08-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, QUALCOMM Incorporated (NASDAQ:QCOM) paid a total of $0.53 per share in dividends. This figure stood at $0.53 a share in the same period a year ago indicating a deviation of 16.8831%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $59.264 on the stock. This figure is the average of recommendations offered by 17 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $39, respectively.

Taking the mathematical rating formula, the price for QUALCOMM Incorporated (NASDAQ:QCOM) stands at 2.32. Earnings Review QUALCOMM Incorporated (NASDAQ:QCOM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $0.98.

Coming to the quarter ending on 2015-09-30, QUALCOMM Incorporated (NASDAQ:QCOM) recorded EPS of $1.03. The reported numbers came lower than the analysts’ estimates of $0.83, demonstrating a miss of $0.2 as against reported figures.

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