Broadcom Dividend Increase

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.

Source: Simply Safe Dividends

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 39^th 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%

^✝projected, assuming no further changes

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