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Qualcomm Announces Shareholder Dividend

Qualcomm Inc. has announced a quarterly cash dividend of 42 cents per common share, payable Sept. 24 to stockholders of record at the close of business Sept. 3.

Qualcomm, which develops wireless technologies, is scheduled to release its third-quarter earnings at about 1 p.m. July 23.

For the second quarter that ended March 30, Qualcomm (Nasdaq: QCOM) reported net income of $1.96 billion on revenue of 6.37 billion, up from net income of $1.87 billion on revenue of $6.12 billion in second quarter 2013.

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