NEW YORK (

TheStreet

) -- The ex-dividend date for

Qualcomm

(Nasdaq:

QCOM

) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $58.16 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Qualcomm has been 13.2 million shares per day over the past 30 days. Qualcomm has a market cap of $98.26 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 4.8% year to date as of the close of trading on Friday.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. The company has a P/E ratio of 20.1, above the average telecommunications industry P/E ratio of 17.3 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, growth in earnings per share, compelling growth in net income and expanding profit margins. 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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