Broadcom Inc. (NASDAQ: AVGO) is set to release earnings results for its first quarter, after the closing bell on Thursday.
Analysts expect the Palo Alto, California-based company to report quarterly earnings at $10.29 per share, down from year-ago earnings of $10.33 per share. Broadcom is projected to post revenue of $11.72 billion for the latest quarter, according to data from Benzinga Pro.
On Tuesday, Broadcom unveiled the WatchTower Platform, an innovative open observability solution aimed at enhancing business performance by simplifying the identification and resolution of priority incidents within the mainframe environment.
With the recent buzz around Broadcom, some investors may be eyeing potential gains from the company’s dividends. As of now, Broadcom has a dividend yield of 1.56%, which is a quarterly dividend amount of $5.25 a share ($21.00 a year).
To figure out how to earn $500 monthly from Broadcom, we start with the …
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