Broadcom Corporation (NASDAQ: BRCM) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $36.23 as of 9:35 a.m. ET, the dividend yield is 1.2%. The average volume for Broadcom Corporation has been 6.6 million shares per day over the past 30 days. Broadcom Corporation has a market cap of $19.1 billion and is part of the electronics industry. Shares are up 10.2% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. The company has a P/E ratio of 25.59. TheStreet Ratings rates Broadcom Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Broadcom Corporation Ratings Report now.
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