VMW - Dividend announcements

FY23 Total Revenue of $13.35 billion FY23 Subscription and SaaS Revenue of $4.01 billion, an increase of 25% year-over-year VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2023. The company's fourth quarter of fiscal year 2023 was a 14-week fiscal quarter, while the fourth quarter of fiscal year 2022 was a 13-week fiscal quarter.1 Quarterly Review Revenue for the fourth quarter was $3.71 billion, an increase of 5% from the fourth quarter of fiscal 2022. The combination of subscription and SaaS and license revenue was $2.03 billion, an increase of 7% from the fourth quarter of fiscal 202

VMware Gains Operational and Financial Flexibility while Maintaining Strategic Partnership with Dell Technologies Company Poised to Lead in Multi-Cloud Services for All Apps, Enabling Digital Innovation with Enterprise Control VMware (NYSE:VMW) and Dell Technologies today announced the completion of the spin-off of VMware from Dell Technologies. The spin-off from Dell Technologies provides VMware increased freedom to execute its multi-cloud strategy, a simplified capital structure and governance model, and additional operational and financial flexibility. The terms of the spin-off included an $11.5 billion special cash dividend (the "Special Dividend") that resulted in a $27.40 per share

Record Date for $11.5B conditional special dividend is October 29, 2021 VMware Inc. (NYSE:VMW) ("VMware"), a leading innovator in enterprise software, today announced that October 29, 2021 has been set as the record date (the "Record Date") for VMware's $11.5 billion, conditional special dividend payable pro-rata to all VMware stockholders (the "Special Dividend"). The Special Dividend is payable in connection with the closing of the transactions contemplated by that Separation and Distribution Agreement, both originally announced on April 14, 2021, pursuant to which VMware will be spun-off (the "Spin-off") from Dell Technologies Inc. ("Dell"). Payment of the Special Dividend remains subje

Total Revenue growth of 9% year-over-year Subscription and SaaS revenue growth of 29% year-over-year VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced financial results for the first quarter of fiscal year 2022: Revenue for the first quarter was $2.99 billion, an increase of 9% from the first quarter of fiscal 2021. The combination of subscription and SaaS and license revenue was $1.39 billion, an increase of 12% from the first quarter of fiscal 2021. Subscription and SaaS revenue for the first quarter was $741 million, an increase of 29% year-over-year. GAAP net income for the first quarter was $425 million, or $1.01 per diluted share, compared

Dell Technologies to Spin-off 81% Equity Ownership of VMware, Positioning VMware for Further Growth Provides VMware with Strategic and Operational Flexibility while Preserving Dell Technologies Strategic Partnership VMware to Pay $11.5B-$12.0B Special Cash Dividend to All Stockholders; Committed to Investment Grade Rating The VMware (NYSE:VMW) Special Committee of independent directors and Dell Technologies have agreed to terms in which VMware will be spun-off from Dell Technologies. The terms include significant simplification to the corporate ownership structure and an $11.5B to $12.0B special cash dividend recommended by the independent Special Committee and declared by the VMware B

ROUND ROCK, Texas, April 14, 2021 /PRNewswire/ -- Dell Technologies to spin-off its 81% equity ownership of VMware, forming two standalone public companies Under terms of the planned spin-off, VMware will distribute a special cash dividend of $11.5 - $12 billion to all VMware shareholders, including Dell Technologies The companies will strengthen their mutually beneficial strategic relationship and continue to co-engineer solutions for customers through a commercial agreement Transaction drives additional growth opportunities for Dell Technologies and unlocks significant value for stakeholdersDell Technologies (NYSE:DELL) announces the planned spin-off of its 81% equity ownership interest in

PALO ALTO, Calif.--(BUSINESS WIRE)--VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2021: Quarterly Review Revenue for the fourth quarter was $3.3 billion, an increase of 7% from the fourth quarter of fiscal 2020. The combination of Subscription and SaaS and license revenue was $1.7 billion, an increase of 8% from the fourth quarter of fiscal 2020. Subscription and SaaS revenue for the fourth quarter was $707 million, an increase of 27% year-over-year. GAAP net income for the fourth quarter was $791 million, or $1.87 per diluted share, compared to $321 million, or $0.76 per d