Qualcomm Stock To Go Ex-dividend Tomorrow (shorts must PAY)
NEW YORK (TheStreet) -- The ex-dividend date for Qualcomm (Nasdaq:QCOM) is tomorrow, December 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $63.45 as of 9:30 a.m. ET, the dividend yield is 1.6%.
The average volume for Qualcomm has been 11.7 million shares per day over the past 30 days. Qualcomm has a market cap of $108.41 billion and is part of the technology sector and telecommunications industry. Shares are up 16.3% year to date as of the close of trading on Monday.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. It operates in four segments: QCT, QTL, QWI, and QSI. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7.