3-6-12-Qualcomm (NASDAQ:QCOM) said it boosted its quarterly dividend 16% to $0.25 per share and approved a $4 billion stock repurchase program to replace the expiring $3 billion program, of which the company had $948 million left.The stock now yields at a 1.61% rate.QUALCOMM Incorporated develops and delivers digital wireless communications products andservices based on the Company’s CDMA digital technology. The Company’s businessareas include integrated CDMA chipsets and systems software, t echnology licensing, Eudora email software for Windows and Macintosh platforms, and satellite based systems including Omnitracs and Globalstar systems.SmarTrend is bullish on shares of QUALCOMM and our subscribers were alerted to buy on January 06, 2012 at $56.13. The stock has risen 10.7% since the alert was issued.
