How To Earn $500 A Month From Broadcom Stock Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Broadcom Inc. (NASDAQ:AVGO) is set to release its Q2 earnings, with analysts expecting an EPS of $10.84 and revenue of $12.03 billion. The company recently announced new low-power 400G PCIe Gen 5.0 Ethernet adapters. Broadcom has a dividend yield of 1.44%, translating to a quarterly dividend of $5.25 per share. Investors would need to own 286 shares to earn $500 monthly from dividends.
June 12, 2024 | 12:52 pm
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Broadcom is set to release its Q2 earnings with an expected EPS of $10.84 and revenue of $12.03 billion. The company also announced new 400G PCIe Gen 5.0 Ethernet adapters. Broadcom's dividend yield is 1.44%, with a quarterly dividend of $5.25 per share.
The upcoming Q2 earnings report and the recent product announcement are likely to positively impact Broadcom's stock price in the short term. The dividend yield information is also relevant for income-focused investors.
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