Broadcom just did a sneaky bonus dividend hike

Quarterly dividend up 1% to $0.53 per share, bigger hike expected in Q4 of 2024

Dividend hero Broadcom (AVGO), the company known for its unmatched annual double digit dividend hikes, just announced a 1% increase in the quarterly dividend, from 52.5 cents to 53 cents quarterly.

This increase comes after the big stock split (10 for 1) that was done on July 15, 2024. Because of this stock split the $5.25 per share became a $0.525 per …