Comcast Increases Dividend and Share Repurchase Authorization
January 25 2024 - 7:05AM
Business Wire
- Increased Dividend by $0.08 to $1.24 per Share on an Annualized
Basis for 2024
- Increased Share Repurchase Authorization to $15.0 Billion
Comcast Corporation (NASDAQ: CMCSA) announced today that it
increased its dividend by $0.08, or 6.9% year-over-year, to $1.24
per share on an annualized basis for 2024. In accordance with the
increase, the Board of Directors declared a quarterly cash dividend
of $0.31 a share on the company’s common stock, payable on April
24, 2024, to shareholders of record as of the close of business on
April 3, 2024.
In addition, Comcast announced that its Board of Directors also
approved a new share repurchase program authorization, effective as
of January 26, 2024, of $15 billion, which does not have an
expiration date.
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About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company. From the connectivity and platforms we provide,
to the content and experiences we create, our businesses reach
hundreds of millions of customers, viewers, and guests worldwide.
We deliver world-class broadband, wireless, and video through
Xfinity, Comcast Business, and Sky; produce, distribute, and stream
leading entertainment, sports, and news through brands including
NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible
theme parks and attractions to life through Universal Destinations
& Experiences. Visit www.comcastcorporation.com for more
information.
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