You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live

4

1

Final

Qualcomm raises dividend by 40 percent

Qualcomm is the largest seller of cellphone semiconductors. Above, CEO Paul Jacobs.

David Becker/Getty Images/File 2013

Qualcomm is the largest seller of cellphone semiconductors. Above, CEO Paul Jacobs.

Continue reading below

Qualcomm increased its dividend by 40 percent to 35 cents and set up a $5 billion share buyback plan, rewarding investors after rising demand for smartphones that run on its technology spurred sales growth. The new share repurchase plan replaces an older $4 billion plan that had $2.5 billion remaining. Since 2003, Qualcomm has returned about $19.9 billion to investors through a combination of stock repurchases and cash dividends.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com