Broadcom's latest quarterly dividend of $5.25 per share was on Mar 20, 2024 (ex-date). The annualized dividend distribution of $19.7 per share represents a current dividend yield of 1.52%.
AVGO has a dividend yield of 1.52% which is higher than the industry average but lower than the Technology sector and its peers average. But if we consider the Technology sector average of 1.55%, Broadcom's dividend yield is only 1.9% lower. Historically AVGO's dividend yield has averaged at 3.1% in the last 5 years, which is more than the current one.
Broadcom has a history of paying dividends since 2011. Our records of AVGO show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 13% since twelve months ago. But with the price of the stock up by 108% from a year ago, the dividend yield has a decrease of 46%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 20, 2024 | Mar 29, 2024 | Mar 6, 2024 | $5.25 | normal |
| Dec 19, 2023 | Dec 29, 2023 | Dec 7, 2023 | $5.25 | normal |
| Sep 20, 2023 | Sep 29, 2023 | Aug 31, 2023 | $4.6 | normal |
| Jun 21, 2023 | Jun 30, 2023 | Jun 1, 2023 | $4.6 | normal |
| Mar 21, 2023 | Mar 31, 2023 | Mar 2, 2023 | $4.6 | normal |
| Dec 19, 2022 | Dec 30, 2022 | Dec 8, 2022 | $4.6 | normal |
| Sep 21, 2022 | Sep 30, 2022 | Sep 1, 2022 | $4.1 | normal |
| Jun 21, 2022 | Jun 30, 2022 | May 26, 2022 | $4.1 | normal |
| Mar 21, 2022 | Mar 31, 2022 | Mar 3, 2022 | $4.1 | normal |
| Dec 21, 2021 | Dec 31, 2021 | Dec 9, 2021 | $4.1 | normal |
| Sep 21, 2021 | Sep 30, 2021 | Sep 2, 2021 | $3.6 | normal |
| Jun 21, 2021 | Jun 30, 2021 | Jun 3, 2021 | $3.6 | normal |
| Mar 19, 2021 | Mar 31, 2021 | Mar 4, 2021 | $3.6 | normal |
| Dec 18, 2020 | Dec 31, 2020 | Dec 10, 2020 | $3.6 | normal |
| Sep 21, 2020 | Sep 30, 2020 | Sep 3, 2020 | $3.25 | normal |
| Jun 19, 2020 | Jun 30, 2020 | Jun 3, 2020 | $3.25 | normal |
| Mar 20, 2020 | Mar 31, 2020 | Mar 11, 2020 | $3.25 | normal |
| Dec 20, 2019 | Dec 31, 2019 | Dec 12, 2019 | $3.25 | normal |
| Sep 20, 2019 | Oct 1, 2019 | Sep 11, 2019 | $2.65 | normal |
| Jun 21, 2019 | Jul 2, 2019 | Jun 12, 2019 | $2.65 | normal |
| Mar 20, 2019 | Mar 29, 2019 | Mar 13, 2019 | $2.65 | normal |
| Dec 18, 2018 | Dec 28, 2018 | Dec 4, 2018 | $2.65 | normal |
| Sep 18, 2018 | Sep 28, 2018 | Sep 5, 2018 | $1.75 | normal |
| Jun 19, 2018 | Jun 29, 2018 | Jun 6, 2018 | $1.75 | normal |
| Mar 21, 2018 | Mar 29, 2018 | Mar 14, 2018 | $1.75 | normal |
| Dec 18, 2017 | Dec 29, 2017 | Dec 4, 2017 | $1.75 | normal |
| Sep 18, 2017 | Sep 29, 2017 | Aug 29, 2017 | $1.02 | normal |
| Jun 15, 2017 | Jun 30, 2017 | May 31, 2017 | $1.02 | normal |
| Mar 16, 2017 | Mar 31, 2017 | Feb 28, 2017 | $1.02 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Dec 8, 2016 | $1.02 | normal |
| Sep 15, 2016 | Sep 30, 2016 | Aug 31, 2016 | $0.51 | normal |
| Jun 15, 2016 | Jun 30, 2016 | Jun 1, 2016 | $0.5 | normal |
| Mar 16, 2016 | Mar 31, 2016 | Mar 2, 2016 | $0.49 | normal |
| Dec 16, 2015 | Dec 30, 2015 | Dec 7, 2015 | $0.44 | normal |
| Sep 16, 2015 | Sep 30, 2015 | Sep 2, 2015 | $0.42 | normal |
| Jun 17, 2015 | Jun 30, 2015 | Jun 4, 2015 | $0.4 | normal |
AVGO has a payout ratio of 70.8% which is higher than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 33.7%, Broadcom's payout ratio is 110% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IBM International Business Machines Corp | 3.97% | $6.64 | 80.6% |
| TXN Texas Instruments Inc | 2.86% | $5.08 | 78.5% |
| SWKS Skyworks Solutions Inc | 2.55% | $2.66 | 46.8% |
| VSH Vishay Intertechnology Inc | 1.77% | $0.4 | 17.2% |
| ADI Analog Devices Inc | 1.73% | $3.5 | 62.2% |
| AVGO Broadcom Inc | 1.47% | $19.7 | 70.8% |
| STM ST Microelectronics | 0.58% | $0.24 | 5.9% |
Yes, Broadcom has paid four dividends in the last twelve months. AVGO has been paying dividends since 2011.
AVGO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Broadcom's last regular dividend was on Mar 20, 2024 (ex-date) with the amount of $5.25 per share.
On an annual basis AVGO pays $19.7 per share.
Broadcom's current dividend yield is 1.52%.
Broadcom pays dividends quarterly.
The dividend payout ratio of Broadcom is 70.8%.
Broadcom's dividend yield is in line with the Technology sector average.