Analysis
Broadcom Board of Directors Declare Quarterly Dividend
Broadcom Corporation today announced that it will pay its next quarterly cash dividend of $.10 per share to holders of the Company's common stock. The $.10 dividend was declared by the Board of Directors on May 15, 2012 and will be paid on June 18, 2012 to holders of record of the Company's Class A and Class B common stock at the close of business on June 1, 2012.
The 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.