Comcast Corporation (CMCSA) will raise its quarterly dividend by 10.5 percent to $0.21 per share in the first quarter of 2019. This follows last year's 20.6 percent dividend hike by the media and technology company.
The increased dividend payable on April 24, 2019 to shareholders of record as of the close of business on April 3, 2019. The new dividend yield for CMCSA is 1.8%. This marks the company's 11th consecutive year of dividend increases.
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.