SmarterDividends

AVGO vs MLAB: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AVGO (Broadcom Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AVGO offers the higher yield at 0.79%, MLAB has the higher dividend-safety score, and MLAB looks like the better value (its fair-value estimate is 28% above its share price).

Key facts: AVGO vs MLAB

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Broadcom Inc. (AVGO) has the higher forward dividend yield at 0.79%, versus 0.52% for Mesa Laboratories, Inc. (MLAB).
  • As of Oct 18, 2026, SmarterDividends grades AVGO's dividend safety B (71/100) and MLAB's A (90/100).
  • By SmarterDividends' count as of Oct 18, 2026, AVGO has raised its dividend for 6 consecutive years and MLAB for 0.
  • As of Oct 18, 2026, AVGO pays out 32% of its earnings as dividends and MLAB pays out 75%.
  • As of Oct 18, 2026, AVGO's fair-value estimate is 40% below its share price and MLAB's fair-value estimate is 28% above its share price, so MLAB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AVGO vs MLAB: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/avgo-vs-mlab

MetricAVGOMLAB
Forward yield0.79%0.52%
Annual dividend$2.60$0.64
Payout ratio32%75%
Years of growth6 yr0 yr
5-yr dividend growth12.6%0.0%
5-yr total return494%-60%
Dividend safety score71 (B)90 (A)
Fair value estimate$198.29$157.16
Upside to fair value-40%+28%
Frequencyquarterlyquarterly
Market cap$1.6T$685.4M
P/E ratio43.3144.1

Higher yield

AVGO

0.79%

Safer dividend

MLAB

Grade A

Faster growth

AVGO

12.6%

Better value

MLAB

+28% upside

AVGO vs MLAB — FAQ

Is AVGO or MLAB a better dividend stock?

On the data, AVGO wins more head-to-head categories (6 vs 2). AVGO offers the higher yield (0.79%), while MLAB 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 MLAB?

AVGO has the higher forward dividend yield at 0.79%, versus 0.52% for MLAB.

Is AVGO or MLAB safer?

MLAB has the higher dividend-safety score (90/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is AVGO or MLAB better value right now?

As of Oct 18, 2026, MLAB looks like the better value: its fair-value estimate is 28% above its share price (undervalued). For AVGO, its fair-value estimate is 40% below its share price.

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