Broadcom Board of Directors Declares Quarterly Dividend
Via Broadcom Newsroom
Aug 14, 2015
IRVINE, Calif., Aug. 13, 2015 /PRNewswire/ -- Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced it will pay its next quarterly cash dividend of $0.14 per share to holders of the Company's common stock.
The $0.14 dividend was declared by the Board of Directors on August 13, 2015 and will be paid on September 14, 2015 to holders of record of the Company's Class A and Class B common stock at the close of business on August 28, 2015.
Broadcom's cash dividend policy and the payment of future cash dividends under that policy are subject to the Board's continuing determination that the dividend policy and the declaration of dividends are in the best interests of Broadcom's shareholders and are in compliance with all laws and agreements of Broadcom applicable to the declaration and payment of cash dividends.
**Cautions Regarding Forward-Looking Statements
**All statements included in this release, other than statements or characterizations of historical fact, are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our business and industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. Examples of such forward-looking statements include, but are not limited to, our intention to pay future quarterly cash dividends. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
Important factors that may cause such a difference for Broadcom in connection with our dividend policy, include, but are not limited to:
- Our views on potential future capital requirements;
- Changes in federal and state income tax laws or corporate laws;
- Changes to our business model; and
- Changes in global economic conditions.
Broadcom's Annual Report on Form 10-K for the year ended December 31, 2014, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings, discuss other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement to reflect future events or circumstances.
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