Sunday, 30 April 2017

Looking at Qualcomm

I'm looking at what's "cheap" and Qualcomm came up on my radar. As shown in the table below, the current price (about $54) and the current dividend yield (about 4.25%) are very attractive relative to its 5 and 3 year average dividend yields. The company has its woes, but if it didn't, the stock price wouldn't be attractive. I would like to initiate a position at $50, but I may just bit the bullet and buy at $54.


QCOM:US
Year
High Price
Low Price
1Q
div.
2Q
div.
3Q
div.
4Q
div.
Annual Dividend
High Yield
Low Yield
2003
$27.43
$14.79
$0.025
$0.025
$0.035
$0.035
$0.12
0.81%
0.44%
2004
$44.99
$26.67
$0.035
$0.05
$0.07
$0.07
$0.23
0.84%
0.50%
2005
$46.60
$32.08
$0.07
$0.07
$0.09
$0.09
$0.32
1.00%
0.69%
2006
$53.01
$32.76
$0.09
$0.09
$0.12
$0.12
$0.42
1.28%
0.79%
2007
$47.72
$35.23
$0.12
$0.12
$0.14
$0.14
$0.52
1.48%
1.09%
2008
$56.88
$28.16
$0.14
$0.14
$0.16
$0.16
$0.60
2.13%
1.05%
2009
$48.72
$32.64
$0.16
$0.16
$0.17
$0.17
$0.66
2.02%
1.35%
2010
$50.31
$31.63
$0.17
$0.19
$0.19
$0.19
$0.74
2.34%
1.47%
2011
$59.84
$45.98
$0.19
$0.215
$0.215
$0.215
$0.65
1.40%
1.08%
2012
$68.87
$53.09
$0.215
$0.25
$0.25
$0.25
$0.97
1.82%
1.40%
2013
$74.32
$59.02
$0.25
$0.35
$0.35
$0.35
$1.30
2.20%
1.75%
2014
$81.97
$67.67
$0.35
$0.42
$0.42
$0.42
$1.61
2.38%
1.96%
2015
$75.30
$45.93
$0.42
$0.48
$0.48
$0.48
$1.86
4.05%
2.47%
2016
$71.62
$42.24
$0.48
$0.53
$0.53
$0.53
$2.07
4.90%
2.89%
2017
$0.53
$0.57
$0.57
$0.57
$2.24
2018
$0.57
$0.57
$0.57
$0.57
$2.28
2019
14y ave
2.05%
1.35%
5y ave
3.07%
2.09%
3y ave
3.78%
2.44%
5y
$74.27
$108.83
3y
$60.37
$93.39
Super Cheap
$46.53