8-KEarnings & ResultsOther EventsExhibits & Filings

Broadcom Inc. 8-K Report, Financial Results (Mar 2, 2023)

Filed March 2, 2023For Securities:AVGO

Summary

Broadcom Inc. (AVGO) has filed an 8-K report on March 2, 2023, announcing its first fiscal quarter 2023 financial results and a quarterly cash dividend. The company reported its unaudited financial results for the quarter ended January 29, 2023, with details provided in an attached press release. This release is crucial for investors seeking to understand Broadcom's recent performance and financial health, covering key metrics and operational highlights. In addition to the financial results, Broadcom's Board of Directors declared a quarterly cash dividend of $4.60 per share, payable on March 31, 2023, to shareholders of record on March 22, 2023. This dividend declaration signals continued commitment to returning capital to shareholders, a key consideration for income-focused investors.

Key Highlights

  • 1Broadcom announced its unaudited financial results for the first fiscal quarter ended January 29, 2023, via a press release filed on March 2, 2023.
  • 2The company declared a quarterly cash dividend of $4.60 per share on its common stock.
  • 3The dividend payment date is March 31, 2023.
  • 4Record date for the dividend is March 22, 2023.
  • 5The press release containing the financial results is incorporated by reference.
  • 6The information furnished in Item 2.02 and the press release are not treated as filed under the Securities Exchange Act of 1934.
  • 7The filing includes an interactive data file in Inline XBRL format.

Frequently Asked Questions

The detailed financial results are provided in a press release issued by Broadcom Inc. dated March 2, 2023, which is attached as Exhibit 99.1 to this 8-K filing and incorporated by reference.

The Board of Directors has declared a quarterly cash dividend of $4.60 per share on the Company's common stock.

The dividend of $4.60 per share is payable on March 31, 2023, to common stockholders who are of record at the close of business on March 22, 2023.

No, the information in Item 2.02 of this Report and the accompanying press release are furnished, and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.