Broadcom Inc. ( AVGO ) will begin trading ex-dividend on December 18, 2018. A cash dividend payment of $2.65 per share is scheduled to be paid on December 28, 2018. Shareholders who purchased AVGO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 51.43% increase over prior dividend payment. At the current stock price of $254.83, the dividend yield is 4.16%.
The previous trading day's last sale of AVGO was $254.83, representing a -7.08% decrease from the 52 week high of $274.26 and a 29.06% increase over the 52 week low of $197.46.
AVGO is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). AVGO's current earnings per share, an indicator of a company's profitability, is $28.3. Zacks Investment Research reports AVGO's forecasted earnings growth in 2019 as -5.23%, compared to an industry average of 7.4%.
Interested in gaining exposure to AVGO through an Exchange Traded Fund [ETF]?
The following ETF(s) have AVGO as a top-10 holding:
- Invesco Dynamic Semiconductors ETF ( PSI )
- VanEck Vectors Semiconductor ETF ( SMH )
- First Trust NASDAQ Technology Dividend Index Fund ( TDIV )
- SPDR S&P Semiconductor ETF ( XSD )
- iShares PHLX SOX Semiconductor Sector Index Fund ( SOXX ).
The top-performing ETF of this group is TDIV with an decrease of -5.72% over the last 100 days. PSI has the highest percent weighting of AVGO at 5.68%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.