Broadcom Corporation (BRCM) Ex-Dividend Date Scheduled for May 29, 2013

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Broadcom Corporation ( BRCM ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased BRCM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $36.59, the dividend yield is 1.2%.

The previous trading day's last sale of BRCM was $36.59, representing a -3.33% decrease from the 52 week high of $37.85 and a 27.94% increase over the 52 week low of $28.60.

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 $1.42. Zacks Investment Research reports BRCM's forecasted earnings growth in 2013 as .83%, compared to an industry average of -21.5%.

For more information on the declaration, record and payment dates, visit the BRCM Dividend History page.

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 )
  • PowerShares Dynamic Semiconductors ( PSI )
  • streetTRACKS Morgan Stanley Technology Index Fund ( MTK )
  • SPDR S&P Semiconductor ETF ( XSD )
  • First Trust DB Strategic Value Index Fund ( FDV ).

The top-performing ETF of this group is SOXX with an increase of 20.56% over the last 100 days. It also has the highest percent weighting of BRCM at 7.85%.

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 Symbols: INTC , PSI , SOXX , TSM , XSD

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