Qualcomm 2014 Annual Report Download - page 33

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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 and Dividends
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 of our common stock, as reported by NASDAQ, and cash dividends announced per share of common stock for the fiscal
periods presented. Quotations of our stock price represent inter-dealer prices without retail markup, markdown or commission and may not
necessarily represent actual transactions.
At November 3, 2014 , there were 7,938 holders of record of our common stock. On November 3, 2014 , the last sale price reported on the
NASDAQ Global Select Market for our common stock was $78.24 per share. On
October 16, 2014 , we announced a cash dividend of $0.42 per
share of common stock, payable on December 18, 2014 to stockholders of record as of December 1, 2014 . We intend to continue to pay
quarterly dividends subject to capital availability and our view that cash dividends are in the best interests of our stockholders. Future dividends
may be affected by, among other items, our views on potential future capital requirements, including those relating to research and development,
creation and expansion of sales distribution channels and investments and acquisitions, legal risks, stock repurchase programs, debt issuance,
changes in federal and state income tax law and changes to our business model.
Share-Based Compensation
We primarily issue restricted stock units under our equity compensation plans, which are part of a broad-based, long-
term retention program
that is intended to attract and retain talented employees and directors and align stockholder and employee interests.
Our 2006 Long-Term Incentive Plan (2006 Plan) provides for the grant of both incentive and non-qualified stock options, restricted stock
units, stock appreciation rights, restricted stock, performance units and shares and other stock-
based awards. Restricted stock units generally vest
over periods of three years from the date of grant. Stock options vest over periods not exceeding five years and are exercisable for up to 10 years
from the grant date. The Board of Directors may terminate the 2006 Plan at any time.
Additional information regarding our share-based compensation plans and plan activity for fiscal 2014 , 2013 and 2012 is provided in the
notes to our consolidated financial statements in this Annual Report in “Notes to Consolidated Financial Statements, Note 6. Employee Benefit
Plans” and in our 2015 Proxy Statement under the heading “Equity Compensation Plan Information.”
28
High ($)
Low ($)
Dividends ($)
2013
First quarter 64.72
57.29
0.25
Second quarter 68.50
60.22
0.25
Third quarter 67.66
59.46
0.35
Fourth quarter 70.37
59.02
0.35
2014
First quarter 74.19
65.47
0.35
Second quarter 79.72
70.98
0.35
Third quarter 81.66
76.77
0.42
Fourth quarter 81.97
71.82
0.42