How To Earn $500 A Month From Broadcom Stock Ahead Of Q2 Earnings

Broadcom Inc. (NASDAQ:AVGO) will release its second-quarter financial results after the closing bell on Thursday, June 5.

Some investors may be eyeing potential gains from the Palo Alto, California-based company’s dividends. Currently, Broadcom offers an annual dividend yield of 0.90%. That’s a quarterly dividend amount of 59 per share ($2.36 a year).

To figure out how to earn $500 monthly from Broadcom, we start with a yearly target of $6,000 ($500 x 12 months).

Next, we take…