5 Best Long-Term Dividend Stocks To Buy Now

2. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 91

Broadcom Inc. (NASDAQ:AVGO) is a multinational tech company that specializes in semiconductors and related products. On March 8, the company declared a quarterly dividend of $5.25 per share, which was in line with its previous dividend. Its dividend growth streak currently spans over 13 years. The stock supports a dividend yield of 1.56%, as of May 13.

The number of hedge funds tracked by Insider Monkey owning stakes in Broadcom Inc. (NASDAQ:AVGO) jumped to 91 in Q4 2023, from 87 in the previous quarter. These stakes are valued at over $8.8 billion collectively. Among these hedge funds, Fisher Asset Management was the company’s largest stakeholder in Q4.

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