Top 10 Dividend Stocks of 2023

Page 2 of 10

9. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 72
Year-to-Date Returns as of October 2: 47.22%

Broadcom Inc. (NASDAQ:AVGO) is an American technology company that specializes in designing and manufacturing semiconductor and infrastructure software solutions. On August 31, the company declared a quarterly dividend of $4.60 per share, consistent with its previous dividend. It has raised its dividends for 12 years in a row, which makes it one of the best dividend stocks on our list. As of October 2, the stock has a dividend yield of 2.26%.

The number of hedge funds tracked by Insider Monkey owning stakes in Broadcom Inc. (NASDAQ:AVGO) stood at 72 in Q2 2023. The collective value of stakes owned by these hedge funds is roughly $4.2 billion.

Follow Broadcom Inc. (NASDAQ:AVGO)

Page 2 of 10