Investors have become accustomed to treating Qualcomm (NASDAQ: QCOM) as they would any other stock in big tech. These investors may not see it as a dividend stock, let alone a dividend investor’s dream stock.
What they may not be aware of is that Qualcomm began uploading dividends to its stockholders in 2003. It has increased this payout in most years and has never slashed it.
Now, this dividend could go much higher. Thanks to a rare but lucrative opportunity, Qualcomm stock could not only surge in value, but it could also experience massive payout hikes as the chip stock connects more strongly to growth.