SmarterDividends

ADP vs AVGO: Which Is the Better Dividend Stock?

As of Oct 27, 2026, ADP (Automatic Data Processing, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ADP offers the higher yield at 2.26%, ADP has the higher dividend-safety score, and ADP looks like the better value (its fair-value estimate is 12% below its share price).

Key facts: ADP vs AVGO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Automatic Data Processing, Inc. (ADP) has the higher forward dividend yield at 2.26%, versus 0.79% for Broadcom Inc. (AVGO).
  • As of Oct 27, 2026, SmarterDividends grades ADP's dividend safety A (94/100) and AVGO's B (71/100).
  • By SmarterDividends' count as of Oct 27, 2026, ADP has raised its dividend for 42 consecutive years and AVGO for 6.
  • As of Oct 27, 2026, ADP pays out 61% of its earnings as dividends and AVGO pays out 32%.
  • As of Oct 27, 2026, ADP's fair-value estimate is 12% below its share price and AVGO's fair-value estimate is 38% below its share price, so ADP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "ADP vs AVGO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/adp-vs-avgo

MetricADPAVGO
Forward yield2.26%0.79%
Annual dividend$6.80$2.60
Payout ratio61%32%
Years of growth42 yr6 yr
5-yr dividend growth11.5%12.6%
5-yr total return32%481%
Dividend safety score94 (A)71 (B)
Fair value estimate$263.79$204.56
Upside to fair value-12%-38%
Frequencyquarterlyquarterly
Market cap$119.3B$1.6T
P/E ratio27.542.0

Higher yield

ADP

2.26%

Safer dividend

ADP

Grade A

Faster growth

AVGO

12.6%

Better value

ADP

-12% upside

ADP vs AVGO — FAQ

Is ADP or AVGO a better dividend stock?

On the data, ADP wins more head-to-head categories (5 vs 3). ADP offers the higher yield (2.26%), while ADP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, ADP or AVGO?

ADP has the higher forward dividend yield at 2.26%, versus 0.79% for AVGO.

Is ADP or AVGO safer?

ADP has the higher dividend-safety score (94/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is ADP or AVGO better value right now?

As of Oct 27, 2026, ADP looks like the better value: its fair-value estimate is 12% below its share price (fairly valued). For AVGO, its fair-value estimate is 38% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.