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Broadcom a Top Ranked SAFE Dividend Stock With 2.7% Yield (AVGO)

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Broadcom Ltd (Symbol: AVGO) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel , Broadcom Ltd is an underlying holding representing 0.67% of the Powershares International Dividend Achievers ETF ( PID ), which holds $5,838,565 worth of AVGO shares.

Broadcom Ltd (Symbol: AVGO) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless five year history - never a missed or lowered dividend; E. Enduring - at least a half-decade of dividend payments.

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Ten Top S.A.F.E. International Dividend Stocks »

The annualized dividend paid by Broadcom Ltd is $7.00/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/18/2017. Below is a long-term dividend history chart for AVGO, which the report stressed as being of key importance.

AVGO+Dividend+History+Chart

AVGO operates in the Semiconductors sector, among companies like Intel Corp ( INTC ), and Taiwan Semiconductor Manufacturing Co., Ltd. ( TSM ).

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


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

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