The ex-dividend date for Qualcomm (Nasdaq:QCOM) is tomorrow, March 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $67.83 as of 9:30 a.m., the dividend yield is 1.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Qualcomm (Nasdaq: QCOM) is tomorrow, March 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $67.83 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for Qualcomm has been 12.1 million shares per day over the past 30 days. Qualcomm has a market cap of $113.91 billion and is part of the technology sector and telecommunications industry. Shares are up 7.7% 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 19.9, 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Qualcomm Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.