March 05, 2013 at 17:49 PM EST
Qualcomm Jacks Up Dividend, Unveils Big Buyback
Technology stocks historically haven't been what comes to mind when investors think of income stocks. But a number of big-cap techs do pay dividends. Wireless chip company Qualcomm (QCOM) is one such issue. On Tuesday, the San Diego-based firm announced a large dividend hike and a new multibillion-dollar share buyback program. Qualcomm will raise its quarterly dividend to 35 cents a share, up 40% from its prior payout of 25 cents. That's one of
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