By Noel Randewich SAN FRANCISCO (Reuters) - Qualcomm Inc CEO Paul Jacobs promised on Wednesday to return 75 percent of free cash flow to shareholders through stock buybacks and increased dividends, a new commitment that was lower than some investors hoped for following record returns last year. Unveiling his new capital return commitment, Jacobs said Qualcomm would increase dividends faster than earnings and continue repurchases as well. Qualcomm is among a growing number of technology companies, including Yahoo Inc and Microsoft Corp, that investors have urged to pay out more capital as earnings growth loses steam. In fiscal 2013, Qualcomm returned $6.7 billion, or 86 percent of free cash flow, to shareholders in the form of $2.1 billion in dividends and $4.6 billion of repurchased stock.
via Tech News Headlines - Yahoo! News http://news.yahoo.com/qualcomm-unveils-mobile-chips-investors-eye-asia-123154540--finance.html
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