Comcast (CMCSA) Raises Quarterly Dividend 10% to $0.275; Boosts Buyback to $10B

February 3, 2016 7:11 AM EST

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Comcast (NASDAQ: CMCSA) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 10% increase from the prior dividend of $0.25.

The dividend will be payable on April 27, 2016, to stockholders of record on April 6, 2016, with an ex-dividend date of April 4, 2016.

The annual yield on the dividend is 2 percent.

In addition, Comcast announced that its Board of Directors has increased its stock repurchase program authorization to $10.0 billion. Comcast plans to repurchase $5.0 billion during 2016, subject to market conditions.

To automatically receive Comcast financial news by e-mail, please visit www.cmcsa.com and subscribe to E-mail Alerts.

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



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Dividend Hike, Dividends, Hot Buybacks, Hot Dividends, Stock Buybacks

Related Entities

Dividend