8-KEarnings & ResultsOther EventsExhibits & Filings

Broadcom Inc. 8-K Report, Financial Results (Sep 2, 2021)

Filed September 2, 2021For Securities:AVGO

Summary

Broadcom Inc. (AVGO) filed an 8-K on September 2, 2021, reporting its financial results for the third fiscal quarter ended August 1, 2021. While the specific results are detailed in an attached press release (Exhibit 99.1), this filing primarily serves to furnish that information and is not treated as filed. Investors should refer to the press release for quantitative details on revenue, profitability, and other key financial metrics. This 8-K also announced important capital allocation decisions by the Board of Directors, including the declaration of quarterly cash dividends on both its common stock and its 8.00% Mandatory Convertible Preferred Stock, Series A. These dividend declarations signal continued commitment to returning capital to shareholders.

Key Highlights

  • 1Broadcom announced its Q3 fiscal year 2021 financial results via a press release furnished with the 8-K filing.
  • 2The company declared a quarterly cash dividend of $3.60 per share on its common stock.
  • 3A quarterly cash dividend of $20.00 per share was declared on the 8.00% Mandatory Convertible Preferred Stock, Series A.
  • 4Both common stock and preferred stock dividends are payable on September 30, 2021.
  • 5Record dates for the common stock dividend are September 22, 2021, and for the preferred stock dividend are September 15, 2021.
  • 6The financial results themselves are contained within the referenced press release (Exhibit 99.1) and not detailed directly in the 8-K text.
  • 7The information provided under Item 2.02 is furnished and not deemed 'filed' for regulatory purposes.

Frequently Asked Questions

The specific financial results for Broadcom's third fiscal quarter ended August 1, 2021, are detailed in the press release filed as Exhibit 99.1 to this 8-K. Investors should consult that document for quantitative data on revenue, earnings, and other financial performance indicators.

Broadcom's Board of Directors declared a quarterly cash dividend of $3.60 per share on its common stock. This dividend will be paid on September 30, 2021, to shareholders of record as of the close of business on September 22, 2021.

The quarterly cash dividend of $20.00 per share on Broadcom's 8.00% Mandatory Convertible Preferred Stock, Series A, is payable on September 30, 2021. Shareholders must be on record as of September 15, 2021, to receive this dividend.

The 8-K filing primarily serves as an announcement vehicle. For comprehensive details on Broadcom's financial performance, revenue breakdown, profitability, and forward-looking statements for the third quarter, investors should refer to the press release attached as Exhibit 99.1.