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Comcast Increases Dividend and Share Repurchase Authorization

1. Comcast increased its dividend by 6.5% to $1.32 per share. 2. A new $15 billion share repurchase program was approved by the Board. 3. Dividends will be payable on April 23, 2025, to eligible shareholders.

Shares Buyback
-9.89%Current Return
VS
+0.44%S&P 500
$37.3601/30 07:30 AM EDTEvent Start
$33.665601/31 02:12 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend increase and share buyback program typically signal financial health, which may support CMCSA's stock price, akin to past dividend boosts seen in well-performing companies.

How important is it?

The dividend increase and an extensive share repurchase program are significant strategic moves likely to improve investor confidence.

Why Short Term?

The actions are likely to generate immediate positive sentiment among investors, reflected in short-term stock movements following similar past announcements.

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CMCSANFLXDIS
PHILADELPHIA--(BUSINESS WIRE)--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. To automatically receive Comcast financial news by e-mail, please visit www.cmcsa.com and subscribe to E-mail Alerts. 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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