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The company has declared its latest dividend for both its class A and B common stock. This is to be $0.11 per share paid on September 16 to shareholders Broadcom Maintains Dividend
The company's non-GAAP (adjusted) diluted earnings increased by 28% to $1.42 per share, ... With Broadcom's shares trading at a forward price-to-earnings ratio of 36.6, its stock isn't exactly ...
History isn't necessarily a great guide for investors with Broadcom's recent stock split.
Broadcom Corporation was founded by professor-student pair Henry Samueli and Henry Nicholas from UCLA in 1991. In 1995 the company moved from its Westwood, Los Angeles office to Irvine, California. [1] In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 ...
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On September 12, 2011, Broadcom Corporation agreed to buy NetLogic for $3.7 billion in cash. [8] It was a 57% premium to NetLogic's closing price on September 9, 2011. [9] NetLogic shareholders received $50 a share. [10] It was Broadcom’s largest acquisition and its first acquisition of a publicly-traded company.
Broadcom currently sports a trailing price-to-earnings (P/E) ratio of 64. That's expensive when compared to the Nasdaq-100 index's earnings multiple of 31 (using the index as a proxy for tech stocks).
Broadcom facility in Bangalore, India, as seen in 2019. On 28 May 2015, Avago announced that it would buy Broadcom Corporation [29] for $37 billion ($17 billion cash and $20 billion in shares). [30] The combined company, which would be named Broadcom Ltd., would have annual revenue of $15 billion and a market value of $77 billion. [31]