Qualcomm boosts dividend and buyback plan

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

The quarterly dividend is raised 20% to $0.42 per share for an annualized yield of 2.3% based on last night's close. $5B is added to the buyback program, bringing the total authorization up to $7.8B. Thus far this year, the company has bought back 7.6M shares for $2B.

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