Qualcomm Hikes Its Dividend Again: What You Need to Know

Qualcomm (QCOM) stock is up more than 10% in Thursday's session after the technology giant beat top- and bottom-line expectations for its fiscal second quarter and announced a dividend increase.In the three months ended March 31, Qualcomm's revenue increased 1.3% from the year-ago period to $9.4 billion. Its earnings per share (EPS) were up 13.5$2.44."We are pleased to report strong quarterly results, with EPS exceeding the high end of our guidance," Qualcomm CEO Cristiano Amon said in a statement. "We ...