AVGO vs BMI: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BMI (Badger Meter, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BMI offers the higher yield at 1.39%, BMI has the higher dividend-safety score, and BMI looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: AVGO vs BMI
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Badger Meter, Inc. (BMI) has the higher forward dividend yield at 1.39%, versus 0.79% for Broadcom Inc. (AVGO).
- As of Oct 18, 2026, SmarterDividends grades AVGO's dividend safety B (71/100) and BMI's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, AVGO has raised its dividend for 6 consecutive years and BMI for 21.
- As of Oct 18, 2026, AVGO pays out 32% of its earnings as dividends and BMI pays out 37%.
- As of Oct 18, 2026, AVGO's fair-value estimate is 40% below its share price and BMI's fair-value estimate is 16% below its share price, so BMI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AVGO vs BMI: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/avgo-vs-bmi
| Metric | AVGO | BMI |
|---|---|---|
| Forward yield | 0.79% | 1.39% |
| Annual dividend | $2.60 | $1.76 |
| Payout ratio | 32% | 37% |
| Years of growth | 6 yr | 21 yr |
| 5-yr dividend growth | 12.6% | 16.2% |
| 5-yr total return | 494% | 24% |
| Dividend safety score | 71 (B) | 88 (A) |
| Fair value estimate | $198.29 | $106.83 |
| Upside to fair value | -40% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $1.6T | $3.7B |
| P/E ratio | 43.3 | 29.6 |
Higher yield
BMI
1.39%
Safer dividend
BMI
Grade A
Faster growth
BMI
16.2%
Better value
BMI
-16% upside
AVGO vs BMI — FAQ
Is AVGO or BMI a better dividend stock?
On the data, BMI wins more head-to-head categories (5 vs 3). BMI offers the higher yield (1.39%), while BMI has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AVGO or BMI?
BMI has the higher forward dividend yield at 1.39%, versus 0.79% for AVGO.
Is AVGO or BMI safer?
BMI has the higher dividend-safety score (88/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is AVGO or BMI better value right now?
As of Oct 18, 2026, BMI looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For AVGO, its fair-value estimate is 40% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.