On May 21, Comcast Corporation (NASDAQ:CMCSA) declared a quarterly dividend of $0.33 per share, which was in line with its previous dividend.
Comcast Corporation is an American mass media company that offers a wide range of mobile phone and cable TV services. The latest quarterly dividend reflects the increase the company announced in January, backed by its solid cash position.
In Q1 2025, it reported $8.3 billion in operating cash flow and $5.4 billion in free cash flow. During the same period, it returned $3.2 billion to shareholders, including $1.2 billion in dividends. The company has now maintained its dividend growth streak for 21 consecutive years.
In other news, Comcast Corporation soon-to-be-spun-off cable service—likely to be called Versant—is expected to generate steady cash flow and may offer a solid dividend, according to CNBC. This bodes well for the company’s future dividends, which is promising news for income-focused investors.
CMCSA offers a solid dividend yield of 3.75%, as of May 21. The stock will trade ex-dividend on July 2.
READ MORE: 10 Unstoppable Dividend Stocks to Buy Now and 25 High Dividend Stocks Being Targeted By Short Sellers
Disclosure. None.
Hedge Fund Resource Center