Comcast (CMCSA) will raise its quarterly dividend by 10 percent to $0.275 per share in 2016. This follows a 2.5 cent per share dividend hike by the media company to 25 cents quarterly last year.

The next dividend is payable on April 27, 2016 to shareholders of record as of the close of business on April 6, 2016. The ex-date for this dividend is April 4, 2016.

Comcast Corporation media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is a video, high-speed internet, and phone providers to residential and business customers under the XFINITY brand. It also provides wireless and security and automation services to residential customers. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts.