AVGO announces a 14% dividend increase
$Broadcom(AVGO)$ AVGO announces a 14% dividend increase
From $4.60/share/quarter to $5.25
AVGO OG move
providing FCF margin on the 4Q/FY press release
Image
AVGO 4Q as guided
YoY
Revenue +4% (guidance mid point)
Net income +5%
Dil EPS +5%
FY
OCF +5%
FCF +6%
FY24 outlook
expect semiconductor to sustain its mid to high single digit revenue growth rate
Revenue to $50 billion, and adjusted EBITDA to $30 billion
https://twitter.com/DividendWave/status/1732872036911829247
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