Broadcom (AVGO) Declares $3.60 Quarterly Dividend; 3.1% Yield

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Go back to Broadcom (AVGO) Declares $3.60 Quarterly Dividend; 3.1% Yield

Broadcom Inc. Announces Second Quarter Fiscal Year 2021 Financial Results and Quarterly Dividends

June 3, 2021 4:15 PM EDT

SAN JOSE, Calif., June 3, 2021 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its second quarter of fiscal year 2021, ended May 2, 2021, provided guidance for the third quarter of its fiscal year 2021 and announced its quarterly dividends.

"Due to the strength in demand for semiconductors across our multiple end markets, we delivered 20% year-over-year increase in semiconductor revenue," said Hock Tan, President and CEO of Broadcom Inc. "Our third quarter outlook projects this... More