Cash Dividend On The Way From Broadcom

On 9/21/22, Broadcom will trade ex-dividend, for its quarterly dividend of $4.10, payable on 9/30/22. As a percentage of AVGO’s recent stock price of $497.46, this dividend works out to approximately 0.82%, so look for shares of Broadcom Inc to trade 0.82% lower — all else being equal — when AVGO shares open for trading on 9/21/22.

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Below is a dividend history chart for AVGO, showing historical dividends prior to the most recent $4.10 declared by Broadcom:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AVGO is likely to continue, and whether the current estimated yield of 3.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AVGO shares, versus its 200 day moving average:

Looking at the chart above, AVGO’s low point in its 52 week range is $463.91 per share, with $677.76 as the 52 week high point — that compares with a last trade of $498.78.

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In Monday trading, Broadcom shares are currently down about 1% on the day.