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Strategies & Market Trends : Dividend investing for retirement

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To: Triffin who wrote (11263)	3/6/2012 10:44:01 AM
From: Triffin	Read Replies (2) of 34328

QCOM raises dividend payout by 16% ===== Shares of Qualcomm ( QCOM) are down 56 cents, or 0.9%, at $61.55, after the company, which is hosting its annual shareholder meeting at its headquarters in San Diego, this morning raised its quarterly dividend by 16% to 25 cents a share per quarter from 21 cents, and said its board approved a new $4 billion share buyback program. The new dividend rate becomes payable after March 23rd, the company said. The new buyback program replaces a remaining $948 million allotment of a prior $3 billion plan. Qualcomm noted it has “returned $16.8 billion to stockholders” through combination of repurchases and dividends since 2003. ===== Triff ..

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