Qualcomm Dividend Stock Analysis
Linked here is a detailed quantitative analysis of Qualcomm Incorporated (Nasdaq: QCOM). Below are some highlights from the above linked analysis:Company Description: Qualcomm Incorporated focuses on developing products and services based on its advanced wireless broadband technology.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price 4. Graham NumberQCOM is trading at a discount to 1.), 2.) and 3.) above. When also considering the NPV MMA Differential, the stock is trading at a 21.6% premium to its calculated fair value of $58.61. QCOM did not earn any Stars in this section.Dividend Analytical Data: In this section there are three possible Stars and three key metrics; see page 2 of the linked PDF for a detailed description:1. Free Cash Flow Payout 2. Debt To Total Capital 3. Key Metrics 4. Dividend Growth Rate 5. Years of Div. Growth 6. Rolling 4-yr Div. > 15%QCOM earned two Stars in this section for 1.) and 2.) above. A Star was earned since the Free Cash Flow payout ratio was less than 60% and there were no negative Free Cash Flows over the last 10 years. The stock earned a Star as a result of its most recent Debt to Total Capital being less than 45%. The company has paid a cash dividend to shareholders every year since 2003 and has increased its dividend payments for 12... Read more