AVGO vs MCHP: Which Is the Better Dividend Stock?
As of Oct 27, 2026, AVGO and MCHP are closely matched. MCHP offers the higher yield at 2.40%, MCHP has the higher dividend-safety score, and AVGO looks like the better value (its fair-value estimate is 38% below its share price).
Key facts: AVGO vs MCHP
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Microchip Technology Incorporated (MCHP) has the higher forward dividend yield at 2.40%, versus 0.79% for Broadcom Inc. (AVGO).
- As of Oct 27, 2026, SmarterDividends grades AVGO's dividend safety B (71/100) and MCHP's A (85/100).
- By SmarterDividends' count as of Oct 27, 2026, AVGO has raised its dividend for 6 consecutive years and MCHP for 23.
- As of Oct 27, 2026, AVGO pays out 32% of its earnings as dividends and MCHP pays out 268%.
- As of Oct 27, 2026, AVGO's fair-value estimate is 38% below its share price and MCHP's fair-value estimate is 56% below its share price, so AVGO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AVGO vs MCHP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/avgo-vs-mchp
| Metric | AVGO | MCHP |
|---|---|---|
| Forward yield | 0.79% | 2.40% |
| Annual dividend | $2.60 | $1.82 |
| Payout ratio | 32% | 268% |
| Years of growth | 6 yr | 23 yr |
| 5-yr dividend growth | 12.6% | 19.9% |
| 5-yr total return | 481% | -11% |
| Dividend safety score | 71 (B) | 85 (A) |
| Fair value estimate | $204.56 | $33.75 |
| Upside to fair value | -38% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $1.6T | $41.2B |
| P/E ratio | 42.0 | 108.4 |
Higher yield
MCHP
2.40%
Safer dividend
MCHP
Grade A
Faster growth
MCHP
19.9%
Better value
AVGO
-38% upside
AVGO vs MCHP — FAQ
Is AVGO or MCHP a better dividend stock?
AVGO and MCHP are closely matched. MCHP has the higher yield; MCHP scores better on safety.
Which has a higher dividend yield, AVGO or MCHP?
MCHP has the higher forward dividend yield at 2.40%, versus 0.79% for AVGO.
Is AVGO or MCHP safer?
MCHP has the higher dividend-safety score (85/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is AVGO or MCHP better value right now?
As of Oct 27, 2026, AVGO looks like the better value: its fair-value estimate is 38% below its share price (overvalued). For MCHP, its fair-value estimate is 56% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.