On 11 December, Broadcom (AVGO) increased its dividend by 10.17%, from 59¢ to 65¢ per share.
The dividend is payable on 31 December to shareholders of record on 22
December.
AVGO’s contribution to DivGro’s projected annual dividend income will
increase by $15.60 to $169.
I own 65 shares of AVGO at an average cost basis of $25.04 per share. Following this increase, my yield on cost
is 10.38%. (AVGO’s forward yield is 0.72% at $359.93 per share).
Since I opened my position in December 2018, the stock has delivered a total return of 1,382%, including $721.93 in dividends. That’s
a spectacular annualized rate of return of 47.21%!
AVGO became DivGro’s 39th Home Run stock in October 2021 when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $1.335 | $1.490 | $1.690 | $1.905 | $2.170 | ⬆ | $2.420✝ |
| 19.20% | 11.61% | 13.42% | 12.72% | 13.91% | ⬇ | 11.52% |
| 5-year DGR: | 14.14% | ⬆ |
12.63% |
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✝projected, assuming no further changes
