Broadcom (NASDAQ: AVGO) is set to pay its next quarterly dividend on September 30, 2026, maintaining its regular payout of $0.65 per share.
The expected distribution continues Broadcom’s long-standing shareholder return program and comes as the semiconductor giant benefits from strong demand for artificial intelligence infrastructure and networking solutions.
Based on the quarterly dividend of $0.65 per share, an investor holding 100 Broadcom shares will receive $65 from the September payment.
The upcoming dividend matches the company’s previous payout, keeping Broadcom’s annualized dividend at $2.60 per share.
At press time, Broadcom stock was trading at $392, up nearly 13% year-to-date.
At the current share price, the annualized dividend translates to a yield of about 0.66%. While relatively low compared to traditional income-focused stocks, the yield reflects Broadcom’s position as a growth-oriented technology company.
The company maintains a forward payout ratio of 13.28%, leaving ample room to support future dividend payments while continuing to invest in growth.
Notably, Broadcom has increased its dividend for 16 consecutive years and continues to make quarterly distributions. The stock also has an average dividend recovery period of 8.1 days following payouts.
Broadcom stock fundamentals
At the same time, Broadcom’s dividend remains supported by strong business momentum. In its latest quarter, the technology company reported record revenue of $22.2 billion, up 48% year-over-year, while AI semiconductor revenue surged 143% to $10.8 billion.
Management expects AI semiconductor revenue to reach $16 billion in the current quarter as demand for AI infrastructure continues to accelerate.
The company also generated more than $10 billion in free cash flow during the quarter and ended the period with nearly $20 billion in cash and equivalents. Combined with its low payout ratio, these figures suggest the dividend remains well covered.
Investors will receive another key update before the September payout when Broadcom reports fiscal third-quarter earnings on September 3.
Wall Street expects revenue of about $29.4 billion and earnings per share of roughly $3.21, providing a fresh test of the company’s AI-driven growth trajectory.
Alongside dividends, Broadcom continues to return capital through its $10 billion share repurchase program and has recently expanded its AI footprint through new processor initiatives and infrastructure partnerships.
Featured image via Shutterstock
