Earning $500 Monthly from Broadcom Stock

Reported 7 months ago

Broadcom Inc. (NASDAQ: AVGO) is expected to release Q2 earnings with analysts predicting $10.84 per share, up from $10.32 per share a year ago, and revenue of $12.03 billion. Investors eyeing Broadcom's dividends, which have a yield of 1.44%, may consider owning approximately $417,855 worth of Broadcom (286 shares) to generate a monthly dividend income of $500. Alternatively, owning 57 shares ($83,279 worth) could generate $100 monthly. Dividend yield fluctuates based on stock price and annual dividend payment changes. AVGO stock rose 1.4% to close at $1,461.03.

Source: YAHOO

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