Comcast (CMCSA) Raises Quarterly Dividend 44.4% to $0.1625; 2.4% Yield; Approves $6.5B Buyback

February 15, 2012 7:02 AM EST
Comcast (NASDAQ: CMCSA) declared a quarterly dividend of $0.1625 per share, or $0.65 annualized. This is a 44.4% increase from the prior dividend of $0.1125.

The dividend will be payable on April 25, 2012, to stockholders of record on April 4, 2012, with an ex-dividend date of April 2, 2012.

The annual yield on the dividend is 2.4 percent.

Today, Comcast also announced that its Board of Directors has authorized a new $6.5 billion stock repurchase program, with $3.0 billion to be repurchased during 2012, subject to market conditions.

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

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