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NVDA - Is Broadcom A Good Dividend Stock? Yes Thanks To Massive Growth
NVIDIA Corporation
Broadcom has grown its dividend at a massive pace in the past. This will not persist, but investors can still expect solid dividend growth going forward.
Combined with a 2.5% dividend yield and solid earnings per share growth potential, AVGO should deliver solid returns.
Shares have run up a lot in the recent past, and waiting for a pullback could lead to an even more favorable return -- although a pullback is not guaranteed.