Broadcom is a dividend paying company with a current yield of 1.17% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 24th June, 2024.
Key information
1.2%
Dividend yield
87%
Payout ratio
Industry average yield
0%
Next dividend pay date
28 Jun 24
Ex dividend date
24 Jun 24
Dividend per share
n/a
Earnings per share
US$21.96
Dividend yield forecast in 3Y
1.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AVGOD has been paying a dividend for less than 10 years.
Growing Dividend: AVGOD's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Broadcom Dividend Yield vs Market
How does AVGOD dividend yield compare to the market?
Segment
Dividend Yield
Company (AVGOD)
1.2%
Market Bottom 25% (AR)
0%
Market Top 25% (AR)
0%
Industry Average (Semiconductor)
0%
Analyst forecast in 3 Years (AVGOD)
1.5%
Notable Dividend: AVGOD's dividend (1.17%) is higher than the bottom 25% of dividend payers in the AR market (0.57%).
High Dividend: AVGOD's dividend (1.17%) is low compared to the top 25% of dividend payers in the AR market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.7%), AVGOD's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53%), AVGOD's dividend payments are covered by cash flows.