Qualcomm to Distribute Quarterly Cash Dividend

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Qualcomm Inc. said on July 7 that it will distribute a quarterly cash dividend of 48 cents per share. The dividend is payable Sept. 23 to stockholders of record on Sept. 2.

The San Diego company owns much of the intellectual property related to advanced wireless communications. It also has a microchip business, and it is exploring ways to take that business beyond wireless communications into the server space.

Shares of Qualcomm trade on the Nasdaq under the symbol QCOM.