Investors looking to benefit from QUALCOMM Incorporated’s (NASDAQ:QCOM) upcoming dividend distribution have until November 29th to acquire shares to be eligible for the December 14th payment. The company has announced a dividend of $0.80 per share, contributing to an annual total of $3.20. This dividend yield is approximately 2.5% based on the current share price of $127.5.

The sustainability of QUALCOMM’s dividends appears robust, with a prudent payout from earnings at 47% and from free cash flow at 35%. This demonstrates the company’s adeptness in generating free cash flow, essential for maintaining and potentially increasing dividends. Moreover, QUALCOMM has shown remarkable earnings growth, averaging about 34% annually over the past five years, reflecting strong reinvestment strategies that could further bolster dividend growth.

Historically, the company has consistently increased its dividends, averaging near a 12% rise each year. This trend highlights QUALCOMM’s strategic positioning to maintain a low payout ratio while still offering an attractive proposition for investors seeking reliable dividend income.