NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $56.85 as of 9:32 a.m. ET, the dividend yield is 1.5%.
The average volume for Qualcomm has been 15.3 million shares per day over the past 30 days. Qualcomm has a market cap of $95.8 billion and is part of the
industry. Shares are up 13.9% year to date as of the close of trading on Monday.
QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. The company has a P/E ratio of 24.9, equal to the average telecommunications industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Qualcomm as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full