By Marc Lichtenfeld Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Broadcom’s dividend safety.
Broadcom (Nasdaq: AVGO) sells a wide variety of technology products, including switches and routers, and software to manage cybersecurity and payment security.
Though the company reinvented itself recently with its acquisition of software company Symantec, Broadcom is a part of the old guard when it comes to Silicon Valley tech companies.
The company has been around for more than 50 years. So it’s no surprise that, while still innovative, it generates plenty of earnings and cash flow and pays a dividend as a result.
And it pays a nice dividend, …read more
