Broadcom Limited Announces $1.02 Interim Dividend
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SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +89.9%
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SAN JOSE, Calif., and SINGAPORE, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Broadcom Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced that its Board of Directors has approved a quarterly, interim cash dividend of $1.02 per ordinary share. A corresponding distribution will also be paid by the Partnership, of which the Company is the General Partner, to holders of restricted exchangeable limited partnership units (or “REU’s”), in the amount of $1.02 per REU.
The dividend and the distribution are both payable on September 29, 2017 to shareholders of record at the close of business (5:00 p.m.) Eastern Time on September 19, 2017.
About Broadcom Limited
Broadcom Limited (NASDAQ: AVGO) is a leading designer, developer and global supplier of a broad range of digital and analog semiconductor connectivity solutions. Broadcom Limited’s extensive product portfolio serves four primary end markets: wired infrastructure, wireless communications, enterprise storage and industrial & other. Applications for our products in these end markets include: data center networking, home connectivity, set-top box, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and electronic displays.
Contact: Broadcom Limited Ashish Saran Investor Relations +1 408 433 8000 [email protected]Source: Broadcom Limited
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