Summary
Broadcom Inc. (AVGO) filed an 8-K on September 1, 2022, primarily to report its third fiscal quarter financial results for the period ending July 31, 2022. The filing includes a press release detailing these results, which is furnished and not deemed 'filed' for regulatory purposes. Investors should refer to the attached press release (Exhibit 99.1) for specific financial performance details. Additionally, the 8-K announced the declaration of quarterly cash dividends. A dividend of $20.00 per share was declared for the 8.00% Mandatory Convertible Preferred Stock, Series A, payable on September 30, 2022. Concurrently, a quarterly cash dividend of $4.10 per share was declared for Broadcom's common stock, also payable on September 30, 2022. These dividend announcements provide important information for income-focused investors.
Key Highlights
- 1Announcement of third fiscal quarter 2022 financial results (ended July 31, 2022) via press release.
- 2Press release containing financial results is furnished as Exhibit 99.1 and incorporated by reference.
- 3Declaration of a quarterly cash dividend of $20.00 per share on the 8.00% Mandatory Convertible Preferred Stock, Series A.
- 4Declaration of a quarterly cash dividend of $4.10 per share on Broadcom's common stock.
- 5Both common stock and preferred stock dividends are payable on September 30, 2022.
- 6Record date for preferred stock dividend is September 15, 2022.
- 7Record date for common stock dividend is September 22, 2022.