Broadcom Corporation (BRCM) Ex-Dividend Date Scheduled for August 28, 2013


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Broadcom Corporation ( BRCM ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on September 16, 2013. Shareholders who purchased BRCM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that BRCM has paid the same dividend. At the current stock price of $25.01, the dividend yield is 1.76%.

The previous trading day's last sale of BRCM was $25.01, representing a -33.92% decrease from the 52 week high of $37.85 and a 7.57% increase over the 52 week low of $23.25.

BRCM is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). BRCM's current earnings per share, an indicator of a company's profitability, is $.71. Zacks Investment Research reports BRCM's forecasted earnings growth in 2013 as -6.62%, compared to an industry average of -6.7%.

For more information on the declaration, record and payment dates, visit the BRCM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to BRCM through an Exchange Traded Fund [ETF]?
The following ETF(s) have BRCM as a top-10 holding:

  • iShares Goldman Sachs Semiconductor Index Fund ( SOXX )
  • Direxion Daily Semiconductor Bull 3x Shares ( SOXL ).

The top-performing ETF of this group is SOXL with an increase of 30.16% over the last 100 days. SOXX has the highest percent weighting of BRCM at 5.75%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: BRCM , INTC , SOXL , SOXX , TSM

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