Comcast (CMCSA) Approved New $15B Share Buyback
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
Revenue Growth %: -3.6%
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Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.5% year-over-year, to $1.32 per share on an annualized basis for 2025. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.33 a share on the company’s common stock, payable on April 23, 2025, to shareholders of record as of the close of business on April 2, 2025.
In addition, Comcast announced that its Board of Directors also approved a new share repurchase program authorization, effective as of January 31, 2025, of $15 billion, which does not have an expiration date.
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