5 Best High-Yield Dividend Growth Stocks to Buy Right Now

4. Comcast Corporation (NASDAQ:CMCSA)

Dividend Yield as of April 27: 4.79%

On April 24, Citi raised the firm’s price recommendation on Comcast Corporation (NASDAQ:CMCSA) to $35.50 from $33. It reiterated a Buy rating on the shares. The firm said the company’s Q1 report marked a “step forward” in improving its financial performance in the residential segment. The analyst added that the shares could see multiple expansion as broadband losses begin to stabilize and as the market assigns better value to the company’s content and experiences unit.

On April 24, RBC Capital analyst Jonathan Atkin raised the firm’s price target on CMCSA to $32 from $31 and kept a Sector Perform rating following the Q1 results. The firm said Comcast is executing on its plan to improve broadband subscriber performance, even if it comes at the cost of average revenue per user. It noted a solid year-over-year improvement in broadband net additions and expects a 40K–50K y/y increase in the coming quarters, according to the analyst.

Comcast Corporation (NASDAQ:CMCSA) operates as a global media and technology company. It provides broadband, wireless, and video services through Xfinity, Comcast Business, and Sky, and produces and distributes entertainment, sports, and news content across its platforms.