Reminder - Broadcom (AVGO) Goes Ex-Dividend Soon

Broadcom (AVGO) is scheduled to trade ex-dividend on 12/21/21 for its quarterly dividend of $4.10, payable on 12/31/21. Based on a recent share price of $617.01, the dividend equals roughly 0.66% of the stock’s value, implying AVGO shares should open about 0.66% lower on 12/21/21, assuming all else equal. Dividend Channel also notes dividends aren’t always predictable and points to the company’s estimated annualized yield of 2.66% as a reference for what investors might expect going forward. The article adds that in Friday trading, Broadcom shares were down about 0.6%. Over the past year, AVGO’s 52-week range runs from $419.14 to $644.7499, with a last trade of $621.25.