Summary
Broadcom Inc. (AVGO) filed an 8-K on September 12, 2019, to report its third fiscal quarter 2019 financial results and announce a quarterly dividend. The company confirmed its financial results for the quarter ended August 4, 2019, with details to be discussed in an investor conference call scheduled for the same day. This filing serves as notification of these operational and financial updates, providing investors with key information regarding the company's performance and shareholder returns. In addition to the financial results, Broadcom's Board of Directors declared a quarterly cash dividend of $2.65 per share. This dividend is a positive signal to investors, demonstrating the company's commitment to returning capital to shareholders and reflecting confidence in its ongoing financial health and cash flow generation. The dividend is payable on October 1, 2019, to shareholders of record as of September 23, 2019.
Key Highlights
- 1Broadcom announced its third fiscal quarter 2019 financial results on September 12, 2019.
- 2The company will host an investor conference call to discuss these financial results.
- 3The Board of Directors declared a quarterly cash dividend of $2.65 per share.
- 4The dividend payment date is set for October 1, 2019.
- 5Shareholders of record on September 23, 2019, will be eligible to receive the dividend.
- 6The filing includes a standard cautionary note regarding forward-looking statements and associated risks.
- 7The information provided is qualified by reference to the attached press release (Exhibit 99.1).