IRVINE, Calif., Nov. 17, 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 November 17,
2015 and will be paid on December 14,
2015 to holders of record of the Company's Class A and Class
B common stock at the close of business on November 30, 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.
About Broadcom
Broadcom Corporation (NASDAQ: BRCM), a FORTUNE 500® company, is
a global leader and innovator in semiconductor solutions for wired
and wireless communications. Broadcom® products seamlessly deliver
voice, video, data and multimedia connectivity in the home, office
and mobile environments. With one of the industry's broadest
portfolio of state-of-the-art system-on-a-chip solutions, Broadcom
is changing the world by Connecting everything®. For more
information, go to www.broadcom.com.
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.
Broadcom®, the pulse logo, Connecting
everything®, and the Connecting everything logo are among
the trademarks of Broadcom Corporation and/or its affiliates in
the United States, certain other
countries and/or the EU. Any other trademarks or trade names
mentioned are the property of their respective owners.
Corporate
Communications
JP Clark
Director, Corp.
Communications
949-926-3520
jpclark@broadcom.com
|
Investor
Relations
T. Peter
Andrew
Vice President,
Treasury & Investor Relations
949-926-6932
andrewtp@broadcom.com
|
Sameer
Desai
Director, Investor
Relations
949-926-4425
sameerd@broadcom.com
|
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SOURCE Broadcom Corporation; BRCM Corporate