Company: Qualcomm Inc. (QCOM)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company’s key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm’s IP is licensed by virtually all wireless device makers. The firm is also the world’s largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets. -Morningstar.com-
Symbol: QCOM
Recent Price: $162.78
Dividends: $3.40
Yield: 2.09%
Sector: Technology
Industry: Semiconductors
Address & Company Phone #: 5775 Morehouse Drive San Diego CA 92121, 858-587-1121
Transfer Agent: Computershare 800-619-9612
Moody’s Rating: A2
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Every Thursday
Shares to Qualify: 1 Share or $500
Fees: Div.: $0 Cash: $5+8¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $10+8¢/sh.
52 Week High & Low: $157.76, $101.47