By Colin Kellaher
Qualcomm's board has approved a 4.7% increased in the chip maker's quarterly dividend, to 89 cents from 85 cents.
The new payout, equal to $3.56 a year, would represent an annual yield of about 2.25% based on Monday's closing price of $157.95, up from 2.15%.
The San Diego company on Tuesday said the increase is effective for dividends payable after March 27.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 18, 2025 09:09 ET (13:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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