Core Viewpoint - Income investors are set to receive dividends from over 1,000 securities, including stocks and ETFs, amidst a declining U.S. stock market, where no sector has achieved a 10% return in the past three months [1] Group 1: Broadcom's Dividend and Financial Performance - Broadcom's dividend remains at $0.59 per share with a payout ratio of 30.14%, and the company has a 15-year history of increasing dividends, currently yielding 1.25% [3] - In Q1 2025, Broadcom reported adjusted EPS of $1.60, exceeding the $1.49 estimate, and revenue of $14.92 billion, surpassing the forecast of $14.61 billion [3] Group 2: AI Revenue and Growth Prospects - Broadcom's AI revenue increased by 77% year-over-year to $4.1 billion, while its infrastructure software division generated $6.7 billion in revenue, a 47% year-over-year increase [4] - The company is developing next-gen chips, including 3nm XPUs for mass production in late 2025 and plans for 2nm AI XPUs, which could significantly boost revenue [7] Group 3: Market Sentiment and Future Outlook - Despite a 27% year-to-date decline in AVGO stock, analysts remain bullish, with a consensus rating of 'Strong Buy' and an average 12-month price target of $252, indicating nearly 50% upside potential [8] - Broadcom anticipates Q2 2025 AI revenues to rise 44% year-over-year to $4.4 billion, with semiconductor revenue expected to increase by 17% to $14.9 billion [7]
Over 1,000 stocks are paying dividends today; Here's the stand-out name