Comcast (CMCSA) Raises Quarterly Dividend 20.6% to $0.19, 1.8% Yield; Expects to Buyback $5B in Common Shares in 2018

January 24, 2018 7:08 AM EST

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Comcast (NASDAQ: CMCSA) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. This is a 20.6% increase from the prior dividend of $0.1575.

The dividend will be payable on April 25, 2018, to stockholders of record on April 4, 2018, with an ex-dividend date of April 3, 2018.

The annual yield on the dividend is 1.8 percent.

Share Repurchase

In addition, Comcast expects to repurchase at least $5.0 billion of its common stock during 2018, subject to market conditions. As of December 31, 2017, Comcast had $7.0 billion available under its share repurchase authorization.

For a dividend history and other dividend-related data on Comcast (CMCSA) click here.

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