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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Our common stock is traded on the NASDAQ Global Select Market under the symbol “QCOM.” The following table sets forth the range of
high and low sales prices on the NASDAQ Stock Market of the common stock for the fiscal periods indicated, as reported by NASDAQ. Such
quotations represent inter-dealer prices without retail markup, markdown or commission and may not necessarily represent actual transactions.
At October 31, 2011, there were 8,518 holders of record of our common stock. On October 31, 2011, the last sale price reported on the
NASDAQ Stock Market for our common stock was $51.60 per share.
Dividends
On March 1, 2010, we announced an increase in our quarterly dividend from $0.170 to $0.190 per share on our common stock. On March 8,
2011, we announced an increase in our quarterly dividend from $0.190 to $0.215 per share of common stock. Cash dividends on outstanding
common stock announced in fiscal 2010 and 2011 were as follows (in millions, except per share data):
On October 11, 2011, we announced a cash dividend of $0.215 per share on our common stock, payable on December 21, 2011 to
stockholders of record as of November 23, 2011. We intend to continue to pay quarterly dividends subject to capital availability and our view
that cash dividends are in the best interests of our stockholders. Future dividends may be affected by, among other items, our views on potential
future capital requirements, including those relating to research and development,
26
High ($)
Low ($)
2010
First quarter 46.35
40.15
Second quarter 49.80
35.46
Third quarter 43.39
34.28
Fourth quarter 44.97
31.63
2011
First quarter 50.00
42.45
Second quarter 59.84
48.98
Third quarter 58.95
51.45
Fourth quarter 59.48
45.48
Per Share
Total
Cumulative
by Fiscal Year
2010
First quarter
$
0.170
$
284
$
284
Second quarter
0.170
279
563
Third quarter
0.190
309
872
Fourth quarter
0.190
305
1,177
$
0.720
$
1,177
2011
First quarter
$
0.190
$
309
$
309
Second quarter
0.190
316
625
Third quarter
0.215
360
985
Fourth quarter
0.215
361
1,346
$
0.810
$
1,346