Broadcom: dividend increased 11% with quarterly results
(CercleFinance.com) - On its earnings release on Thursday evening, Broadcom announced an 11% increase in its quarterly dividend decided by its Board of Directors, to $0.
59 per share, marking its 14th consecutive year of increases.
For Q4 2023-24, it reported non-GAAP EPS up 28% to $1.42 and adjusted EBITDA up 50% to $9.09bn, i.e. a margin of almost 65% on revenues that rose 51% to just under $14.1bn.
For Q1, the semiconductor and infrastructure software solutions group anticipates an adjusted EBITDA margin of around 66% on projected revenues of around $14.6bn.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
59 per share, marking its 14th consecutive year of increases.
For Q4 2023-24, it reported non-GAAP EPS up 28% to $1.42 and adjusted EBITDA up 50% to $9.09bn, i.e. a margin of almost 65% on revenues that rose 51% to just under $14.1bn.
For Q1, the semiconductor and infrastructure software solutions group anticipates an adjusted EBITDA margin of around 66% on projected revenues of around $14.6bn.
Copyright (c) 2024 CercleFinance.com. All rights reserved.