Monday, January 13, 2020

Broadcom 12 % gain in 68 days

AVGO is Broadcom.  A frequent subject of my posts.  I don't like Broadcom's P/E ratio of 47.79 but I love their dividend yield of 4.3%  and their dividend increases.  Moreover, I love the calls associated with this chip maker.






Recent Dividend History:


EX/EFF DATE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
12/20/2019
3.25
12/10/2019
12/23/2019
9/20/2019
2.65
9/11/2019
9/23/2019
6/21/2019
2.65
6/12/2019
6/24/2019
3/20/2019
2.65
3/13/2019
3/21/2019


I executed this call today.  We will have to see what happens.  At a minimum I receive the call income and if I get stuck with AVGO below my cost basis, I have a prodigious dividend growth stock.


M* MoneyMadam
Disclosure:  Long AVGO with calls