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Broadcom Announces 10 Percent Increase in Quarterly Cash Dividend



      Broadcom Announces 10 Percent Increase in Quarterly Cash Dividend

PR Newswire

IRVINE, Calif., Jan. 29, 2013

IRVINE, Calif., Jan. 29, 2013 /PRNewswire/ -- Broadcom Corporation (NASDAQ:
BRCM), a global innovation leader in semiconductor solutions for wired and
wireless communications, today announced that its Board of Directors has
approved a 10 percent increase in the quarterly cash dividend to $0.11 per
share ($.44 per share on an annual basis) payable to holders of the Company's
Class A and Class B common stock. Today's announcement builds on the Company's
strategy to return meaningful capital to shareholders.

The $0.11 dividend was declared by the Board of Directors on January 28, 2013
and will be paid on March 4, 2013 to holders of record of the Company's Class
A and Class B common stock at the close of business on February 15, 2013.  

"We are pleased to announce a 10 percent increase in our cash dividend," said
Scott McGregor, Broadcom's President and Chief Executive Officer. "Broadcom's
strong balance sheet and track record of outgrowing peers while delivering
solid profitability enable us to reinvest in our businesses while returning
capital to our shareholders."

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 the
industry's broadest portfolio of state-of-the-art system-on-a-chip and
embedded software 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 quarterly
cash dividends and return capital to shareholders. 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:

  o Our views on potential future capital requirements for investments in
    acquisitions and the funding of our research and development;
  o Changes in federal and state income tax laws or corporate laws;
  o Changes to our business model; and
  o Changes in global economic conditions.

Broadcom's Annual Report on Form 10-K for the year ended December 31, 2011,
subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K,
and other Securities and Exchange Commission filings, including our Annual
Report on Form 10-K for the year ended December 31, 2012 when it is filed,
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                 Investor Relations
Karen Kahn                               Chris Zegarelli
Vice President, Corporate Communications Senior Director, Investor Relations
415-297-5035                             949-926-7567
kkahn@broadcom.com                       czegarel@broadcom.com

                                          

SOURCE Broadcom Corporation; BRCM Corporate

Website: http://www.broadcom.com
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