5 Cash-Rich Dividend Stocks To Buy Now

3. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 72
Operating Cash Flow (TTM): $17.84 billion

Broadcom Inc. (NASDAQ:AVGO) is a global technology company that specializes in designing and manufacturing semiconductor and infrastructure software solutions. The company’s dividend growth streak currently stands at 12 years and it pays a quarterly dividend of $4.60 per share. the stock’s dividend yield on October 31 came in at 2.20%.

As of the end of the June quarter of 2023, 72 hedge funds in Insider Monkey’s database reported having stakes in Broadcom Inc. (NASDAQ:AVGO), worth collectively nearly $4.2 billion. With over 1.1 million shares, GQG Partners was the company’s leading stakeholder in Q2.

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