DivGro: Qualcomm Dividend Increase

Date:


On 18 March, Qualcomm (QCOM) increased its dividend by 4.71%, from 85¢ to 89¢ per share.

This dividend increase will be effective for quarterly dividends payable
after March 27, 2025

QCOM’s forward yield is 2,33% at $152.72 per share.


I own 111 QCOM shares at an average cost of $114.81 per share. QCOM’s contribution to DivGro’s
projected annual dividend income will increase by $17.76 to $395.16. 

My yield on cost is now 3.10%.

Since I opened my position in May 2019, the stock has generated a total return of 43%, including
$1,220.70 in dividend income. That’s a splendid annualized rate of
return of 12.4%!

QCOM became DivGro’s 26th Home Run stock in November 2020, when the stock doubled my original capital
outlay.

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$2.57 $2.72 $2.93 $3.15 $3.35 $3.52
3.63% 5.84% 7.72% 7.51% 6.35% 5.07%
5-year DGR: 6.20% 6.49%

projected, assuming no further changes


Thanks for Reading!




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