Comcast Raises Quarterly Dividend by 9.5% to 23 Cents
January 23 2020 - 7:40AM
Dow Jones News
By Colin Kellaher
Comcast Corp. (CMCSA) on Thursday said the board raised the
quarterly dividend by 9.5% to 23 cents from 21 cents.
The new payout, equal to 92 cents a year, represents an annual
yield of about 1.94% based on Wednesday's closing price of $47.44,
up from 1.77%.
The Philadelphia cable giant company said the increased dividend
is payable April 22 to shareholders of record April 1.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 23, 2020 07:25 ET (12:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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