Comcast (CMCSA) Announces Quarterly Dividend of $0.33 per Share
Quick Take
Comcast declares a quarterly dividend of $0.33 per share for shareholders.
Key Points
- Dividend payment reflects company's financial health.
- Shareholders will receive the dividend on schedule.
- Comcast continues to prioritize shareholder returns.
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~2 min readSultan Khalid
2 min read
Comcast Corporation (NASDAQ:CMCSA) is included among the Top 12 Undervalued Dividend Stocks to Buy Now.
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Comcast Corporation (NASDAQ:CMCSA) delivers industry-leading broadband, mobile, and entertainment platforms that power incredible experiences for customers globally.
Comcast Corporation (NASDAQ:CMCSA) declared a quarterly dividend of $0.33 per share on May 14. The dividend is payable on July 22 to shareholders as of the July 1 record. Comcast has increased its quarterly payout for 17 consecutive years and currently boasts a robust annual dividend yield of 5.33%.
Comcast Corporation (NASDAQ:CMCSA) reported better-than-expected results for its Q1 2026 last month, beating estimates in both earnings and revenue. A blockbuster sports lineup helped boost the company’s subscriber growth and engagement, while its core broadband business lost fewer customers than initially expected.
Comcast shed 65,000 broadband customers during the quarter, less than the estimated loss of 175,500 users. Moreover, with 435,000 new customers, the company delivered the best wireless net additions of any quarter in its history. At the same time, the firm’s theme park business posted a 24% increase in revenue and 33% increase in EBITDA, led by higher attendance at its Epic Universe park in Orlando. Notably, Comcast revealed that Peacock is expected to approach profitability for the first time in the second quarter.
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READ NEXT: 12 Best Blue Chip Dividend Stocks to Buy Now and 11 Best Rising Dividend Stocks to Buy Right Now
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— Originally published at finance.yahoo.com
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