Comcast Increases Dividend by $0.08 to $1.00 Per Share on an Annualized Basis in 2021

Rhea-AI Summary

Comcast Corporation (NASDAQ: CMCSA) has announced a dividend increase of $0.08, bringing the annualized dividend to $1.00 per share, a rise of 9% year-over-year. The Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on April 28, 2021, to shareholders of record by April 7, 2021. This increase reflects the company's ongoing commitment to returning value to shareholders while maintaining a robust financial position.

Positive

• Dividend increased by 9% year-over-year to $1.00 annually.
• Quarterly cash dividend of $0.25 per share reinforces shareholder value.

Negative

• None.

Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08 to $1.00 per share on an annualized basis, up 9% year-over-year. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.25 a share on the company’s common stock, payable on April 28, 2021 to shareholders of record as of the close of business on April 7, 2021.

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About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and 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. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210128005563/en/

FAQ

What is the new dividend amount for CMCSA?

The new dividend amount for Comcast (CMCSA) is $1.00 per share annually.

When is the next dividend payment for CMCSA?

The next dividend payment for CMCSA is scheduled for April 28, 2021.

What was the percentage increase in Comcast's dividend?

Comcast's dividend was increased by 9% year-over-year.

Who will receive the dividend payment from CMCSA?

Shareholders of record as of April 7, 2021, will receive the dividend payment.