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Qualcomm Declares Stock Split, Dividend Hike

Stock quotes in this article: QCOM  

Qualcomm (QCOM Quote) shares rose Tuesday after the communications-equipment maker announced a 2-for-1 stock split and raised its dividend.

Shares added $1.50, or 2.2%, to $70.95 in premarket trading, just shy of its 52-week high of $73.50 touched two weeks ago.

The San Diego-based digital wireless company said the stock split will be distributed on Aug. 13 to stockholders of record on July 23, 2004. ...

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