10 Best Long-Term Dividend Stocks to Buy According to Billionaires

4. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Billionaire Holders: 19

QUALCOMM Incorporated (NASDAQ:QCOM) ranked fourth on our list of the best dividend stocks according to billionaires. The semiconductor manufacturing company hasn’t announced its fiscal Q2 2025 earnings yet, however, UBS Group suggested that the company might report second-quarter results that meet expectations, though its guidance could be on the softer side due to ongoing challenges. Analysts at UBS noted that while Qualcomm’s performance was likely to align with forecasts, factors such as tariffs and broader macroeconomic headwinds were expected to weigh on global smartphone demand. As a result, they anticipated that QCOM’s outlook for the third quarter ending in June would fall below typical seasonal trends, projecting a quarter-over-quarter decline in the low single digits, compared to the market’s expectation of around a 2% drop.

Although QUALCOMM Incorporated (NASDAQ:QCOM) is best known for its wireless technology, its offerings also include software, processors, and modems. Its Snapdragon system-on-chips (SoCs) power several major virtual reality platforms, such as Axon’s VR training program, which uses the HTC Vive Focus 3 headset equipped with Qualcomm’s Snapdragon XR2 chipset.

QUALCOMM Incorporated (NASDAQ:QCOM) pays a quarterly dividend of $0.89 per share, offering a yield of 2.40%, as of April 27. The company ended the quarter with over $3.1 billion in cash and cash equivalents. It also generated nearly $4.6 billion in operating cash flow and returned $942 million to shareholders through dividend payments. QUALCOMM has consistently increased its dividends for the past 21 years, which makes it one of the best dividend stocks on our list.

Billionaire Ken Griffin’s Citadel Investment Group was one of the largest stakeholders of QUALCOMM Incorporated (NASDAQ:QCOM) in Q4 2024.