SmarterDividends

AVGO vs PAYX: Which Is the Better Dividend Stock?

As of Oct 24, 2026, PAYX (Paychex, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PAYX offers the higher yield at 4.03%, PAYX has the higher dividend-safety score, and PAYX looks like the better value (its fair-value estimate is 0% below its share price).

Key facts: AVGO vs PAYX

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, Paychex, Inc. (PAYX) has the higher forward dividend yield at 4.03%, versus 0.81% for Broadcom Inc. (AVGO).
  • As of Oct 24, 2026, SmarterDividends grades AVGO's dividend safety B (71/100) and PAYX's A (81/100).
  • By SmarterDividends' count as of Oct 24, 2026, AVGO has raised its dividend for 6 consecutive years and PAYX for 15.
  • As of Oct 24, 2026, AVGO pays out 32% of its earnings as dividends and PAYX pays out 90%.
  • As of Oct 24, 2026, AVGO's fair-value estimate is 36% below its share price and PAYX's fair-value estimate is 0% below its share price, so PAYX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AVGO vs PAYX: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/avgo-vs-payx

MetricAVGOPAYX
Forward yield0.81%4.03%
Annual dividend$2.60$4.76
Payout ratio32%90%
Years of growth6 yr15 yr
5-yr dividend growth12.6%11.2%
5-yr total return481%-1%
Dividend safety score71 (B)81 (A)
Fair value estimate$204.56$117.51
Upside to fair value-36%-0%
Frequencyquarterlyquarterly
Market cap$1.5T$42.0B
P/E ratio41.123.4

Higher yield

PAYX

4.03%

Safer dividend

PAYX

Grade A

Faster growth

AVGO

12.6%

Better value

PAYX

-0% upside

AVGO vs PAYX — FAQ

Is AVGO or PAYX a better dividend stock?

On the data, PAYX wins more head-to-head categories (5 vs 3). PAYX offers the higher yield (4.03%), while PAYX 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 PAYX?

PAYX has the higher forward dividend yield at 4.03%, versus 0.81% for AVGO.

Is AVGO or PAYX safer?

PAYX has the higher dividend-safety score (81/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is AVGO or PAYX better value right now?

As of Oct 24, 2026, PAYX looks like the better value: its fair-value estimate is 0% below its share price (fairly valued). For AVGO, its fair-value estimate is 36% below its share price.

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