NEW YORK (

TheStreet

) -- The ex-dividend date for

Qualcomm

(Nasdaq:

QCOM

) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $63.39 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Qualcomm has been 13.8 million shares per day over the past 30 days. Qualcomm has a market cap of $99.03 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 15.7% year to date as of the close of trading on Monday.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. The company has a P/E ratio of 23.1, below the average telecommunications industry P/E ratio of 23.3 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Qualcomm as a

buy

. 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, growth in earnings per share and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Qualcomm Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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