Summary
Broadcom Inc. (AVGO) filed an 8-K report on September 3, 2020, primarily announcing its unaudited financial results for the third fiscal quarter ended August 2, 2020. The company also provided updates on its dividend declarations and upcoming investor presentations. Investors should note that while the press release attached to this filing contains the financial results, this information is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into future filings unless expressly stated. Key financial updates are expected to be discussed in their investor conference call on September 3, 2020. Additionally, the company declared a quarterly cash dividend of $20.00 per share on its 8.00% Mandatory Convertible Preferred Stock, Series A, and a quarterly cash dividend of $3.25 per share on its common stock. Both dividends are payable on September 30, 2020, with different record dates for each stock class. Broadcom also confirmed its participation in Deutsche Bank's Virtual Technology Conference on September 15, 2020, indicating ongoing engagement with the investment community.
Key Highlights
- 1Announcement of third fiscal quarter 2020 financial results (ended August 2, 2020).
- 2Scheduled investor conference call on September 3, 2020, to discuss Q3 FY2020 financial results.
- 3Declaration of a quarterly cash dividend of $20.00 per share on 8.00% Mandatory Convertible Preferred Stock, Series A.
- 4Declaration of a quarterly cash dividend of $3.25 per share on common stock.
- 5Both dividends are payable on September 30, 2020.
- 6Broadcom to present at Deutsche Bank's Virtual Technology Conference on September 15, 2020.
- 7Information furnished in Item 2.02 and Item 7.01 is not deemed "filed" and is not incorporated by reference into future SEC filings unless expressly stated.