01—Abstract
Summary
Summary of the 8-K filed February 16, 2024. Cited figures are marked; the original filing is the authoritative source.
Broadridge Financial Solutions, Inc. (NYSE: BR) announced on February 16, 2024 that its Board of Directors declared a quarterly cash dividend of $0.80a per share.
The dividend is payable April 5, 2024. This is a routine capital-return announcement, disclosed under Item 8.01 (Other Events), and it reports no financial results or operating developments. The 8-K states two different record dates.
The body of the filing says stockholders of record at the close of business on March 31, 2024, while the attached press release (Exhibit 99.1) says March 15, 2024. Investors who need to confirm dividend eligibility should check the record date with the company or its transfer agent.
The press release describes Broadridge as a global Fintech company with over $6 billionb in revenues, employing over 14,000 associates in 21 countries. It states that the company's platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally, and that it is part of the S&P 500 Index.
02—Key points
Key Highlights
- Board of Directors declared a quarterly cash dividend of $0.80 per share, announced February 16, 2024.
- Dividend is payable April 5, 2024.
- The 8-K gives a record date of March 31, 2024, while the press release (Exhibit 99.1) gives March 15, 2024.
- The filing is a dividend declaration under Item 8.01 (Other Events) and contains no financial results.
- Per the press release, Broadridge reports over $6 billion in revenues and employs over 14,000 associates in 21 countries.
- Per the press release, the company's technology and operations platforms underpin average daily trading of more than U.S. $10 trillion of equities, fixed income and other securities globally.
- Broadridge is listed on the New York Stock Exchange under the ticker BR and is part of the S&P 500 Index.
03—Questions
Frequently Asked Questions
How much is the dividend and when is it paid?
The Board of Directors declared a quarterly cash dividend of $0.80 per share, payable April 5, 2024.
Which record date determines who receives the dividend?
The 8-K states the record date as the close of business on March 31, 2024. The attached press release (Exhibit 99.1) states March 15, 2024. The filing does not reconcile the two dates, so investors should confirm the record date with the company.
Does this filing include financial results or guidance?
No. The filing is limited to the dividend declaration under Item 8.01 and the press release announcing it. It does not report quarterly or annual financial results or provide guidance.
What does Broadridge do?
According to the press release, Broadridge is a global Fintech company with over $6 billion in revenues. It provides technology and operations solutions to banks, broker-dealers, asset and wealth managers and public companies, and its infrastructure links public companies and mutual funds to investors worldwide.
04—Continue