Subject to continued capital availability and a determination that cash dividends continue to be in the best interests of the Company and its stockholders, it is the intention of the Board of Directors to pay a quarterly dividend on a going forward basis.
If you hold your shares through a broker, please contact your broker directly with any questions regarding the dividend payment. If you are a registered stockholder (you hold a physical stock certificate or hold shares in Direct Registration), contact Computershare, Qualcomm's Disbursing Agent. Questions can be directed to Computershare at 312-588-4157 or 1-800-619-9612.
If you hold your shares through a broker, your broker will mail the Form 1099-DIV no later than January 31 of each year. If you are a registered stockholder (you hold a physical stock certificate or hold shares in Direct Registration), Computershare, Qualcomm's Disbursing Agent will mail the Form 1099-DIV no later than January 31 of each year.
The following summarizes the U.S. federal tax treatment of the quarterly dividend distributions to stockholders made by the Company.
If you are a U.S. taxpayer, cash dividends currently paid to you by the Company represent taxable dividends because in the year the dividend was paid, Qualcomm had positive "earnings and profits" ("E&P") for U.S. tax purposes. No later than January 31 of each year, Computershare Investor Services, the Company's transfer agent, mails to Qualcomm registered stockholders (stock held in certificate form or Direct Registration) an IRS Form 1099-DIV reflecting the distribution that is a taxable distribution (Box 1b Qualified Dividends). If you hold your shares in street name (through a bank or broker) and your dividend was deposited into your brokerage account, you will receive a Form 1099-DIV from that institution.
Each stockholder is urged to consult with a tax advisor to determine the basis in their Qualcomm stock and the tax consequences of the distribution, including any state, local or foreign tax considerations.
You may either contact your broker or Computershare regarding the reinvestment of your Qualcomm cash dividend. For more information about the Computershare Investment Plan Program, call 312-588-4157 or 1-800-619-9612.