Broadcom's latest quarterly dividend of $4.6 per share was on Sep 20, 2023 (ex-date). The annualized dividend distribution of $18.4 per share represents a current dividend yield of 2.21%.
AVGO has a dividend yield of 2.21% which is higher than the Technology sector and the industry average but lower than its peers average. If we compare it with the Technology sector average of 1.85%, Broadcom's dividend yield is 19% higher. Historically AVGO's dividend yield has averaged at 3.2% 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 12% since twelve months ago. But with the price of the stock up by 78% from a year ago, the dividend yield has a decrease of 37%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 55% which is higher than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 32.6%, Broadcom's payout ratio is 69% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
IBM International Business Machines Corp | 4.59% | $6.62 | 298.2% |
TXN Texas Instruments Inc | 3.12% | $4.96 | 58.9% |
SWKS Skyworks Solutions Inc | 2.63% | $2.54 | 39% |
AVGO Broadcom Inc | 2.24% | $18.4 | 55% |
ADI Analog Devices Inc | 1.94% | $3.34 | 45.1% |
VSH Vishay Intertechnology Inc | 1.65% | $0.4 | 13.5% |
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 December 2023.
Broadcom's last regular dividend was on Sep 20, 2023 (ex-date) with the amount of $4.6 per share.
On an annual basis AVGO pays $18.4 per share.
Broadcom's current dividend yield is 2.21%.
Broadcom pays dividends quarterly.
The dividend payout ratio of Broadcom is 55%.
Broadcom's dividend yield is more than the Technology sector average.