Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
The Board declared a regular quarterly dividend of $.75 per share on common stock payable on April 15, 2016, to stockholders of record as of March 10, 2016, the record date for the cash dividend. Occidental has paid quarterly cash dividends continuously since 1975 and has increased its dividend each year since 2002.