Broadcom (AVGO) Raises Quarterly Dividend 71.6% to $1.75; 2.7% Yield

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Go back to Broadcom (AVGO) Raises Quarterly Dividend 71.6% to $1.75; 2.7% Yield

Broadcom Limited Announces Fourth Quarter and Fiscal Year 2017 Financial Results and Interim Dividend

December 6, 2017 4:05 PM EST

Quarterly interim dividend increased by 72 percent to $1.75 per share from the prior quarterLong term free cash flow target increased from 35 percent to 40 percent of net revenue Quarterly GAAP gross margin of 49.2 percent; Quarterly non-GAAP gross margin from continuing operations of 63.3 percentQuarterly GAAP diluted earnings per share of $1.50; Quarterly non-GAAP diluted earnings per share from continuing operations of $4.59

SAN JOSE, Calif., and SINGAPORE, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Broadcom Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage,... More