Reminder - Broadcom (AVGO) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 12/21/21, Broadcom Inc (Symbol: AVGO) will trade ex-dividend, for its quarterly dividend of $4.10, payable on 12/31/21. As a percentage of AVGO's recent stock price of $617.01, this dividend works out to approximately 0.66%, so look for shares of Broadcom Inc to trade 0.66% lower — all else being equal — when AVGO shares open for trading on 12/21/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AVGO is likely to continue, and whether the current estimated yield of 2.66% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AVGO shares, versus its 200 day moving average:
Looking at the chart above, AVGO's low point in its 52 week range is $419.14 per share, with $644.7499 as the 52 week high point — that compares with a last trade of $621.25.
In Friday trading, Broadcom Inc shares are currently off about 0.6% on the day.
