ATTENTION: Income Investors

DIVIDEND ACCELERATORS WEEKLY:

The Silicon Dividend Pipeline

Progressing...
Editor's Note:
This week's analysis focuses on a strategic selection of technology-focused dividend stocks with upcoming ex-dividend dates in March and April 2025. The selection spans key technology subsectors: semiconductor technology (QCOM, LRCX), enterprise IT solutions (HPE), and technology distribution (SNX). These companies offer dividend yields ranging from 1.12% to 3.15%, providing varying income opportunities while maintaining exposure to critical technology growth areas. Each company represents a different approach to tech sector dividends - from Qualcomm's mobile technology leadership to Lam Research's semiconductor equipment dominance, HPE's enterprise transformation, and TD SYNNEX's distribution scale advantages.

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$19.9B
Revenue Last Year
$5.6B
Paid in Dividends
$35B
Expected Future Sales

Qualcomm Incorporated

NASDAQ: QCOM
$157.82
+3.45% (1W) +8.92% (1M)

Why We're Watching

Qualcomm continues to dominate mobile chip technology and is expanding into automotive and IoT markets. The company's strong 5G position and growing diversification strategy make it a key player in the semiconductor industry's future.

Market Cap
$176.4B
P/E Ratio
22.8x
Dividend Yield
2.21%
Payout Ratio
50.38%

Key Dates

Earnings Date
Jan 31, 2025
Ex-Dividend Date
Feb 27, 2025
Payment Date
Mar 21, 2025

Analyst Coverage

18
Buy
7
Hold
1
Sell
$157.82
Avg Target
26
Total Ratings
Consensus: Buy

Strengths

  • 5G technology leadership
  • Strong patent portfolio
  • Expanding automotive presence
  • Robust IoT growth
  • Consistent dividend growth

Risks

  • Customer concentration
  • Smartphone market maturity
  • Competition in chip market
  • Regulatory challenges
  • Economic sensitivity

Final Thoughts

Qualcomm's strong position in 5G technology and expansion into automotive and IoT markets provide significant growth potential. The company's P/E ratio of 22.8x suggests reasonable valuation given its market leadership and growth prospects. With a sustainable 2.21% dividend yield and 50.38% payout ratio, QCOM offers an attractive combination of growth and income potential.

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