NEW YORK ( TheStreet) -- The ex-dividend date for Broadcom Corporation (Nasdaq: BRCM) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $32.25 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Broadcom has been 8.4 million shares per day over the past 30 days. Broadcom has a market cap of $15.78 billion and is part of the technology sector and electronics industry. Shares are up 7.9% year to date as of the close of trading on Friday. Broadcom Corporation designs and develops semiconductors for wired and wireless communications. The company has a P/E ratio of 22.6, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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