Typically, stocks are categorized as value, growth, or dividend, but that doesn’t mean they can’t be a mix of these.
In some cases, a stock can offer high growth and be a consistent dividend payer
It’s a win-win that generally pays off for investors. If you’re looking for two dividend growth stocks worth holding in your portfolio, Broadcom (NASDAQ: AVGO) and Microsoft (NASDAQ: MSFT) fit the bill. Their yields aren’t high by any means, but they have impressive dividend track records showing they’re more shareholder-friendly than they often get credit for.
Broadcom has a history of huge dividend increases Broadcom is a semiconductor (chip) company that designs and develops chips used in everything from AI data centers to smartphones to broadband equipment. It has been around since 1961 but has become one of the world’s most valuable companies amid the current AI boom. Over the past five years, Broadcom’s stock has jumped up 761% (as of market close on Aug. 5).