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Comcast Boosts Quarterly Dividend 6.9%; Approves New $15 Bln Share Buyback - Update
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641 days ago
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, Comcast Corp. (CMCSA) increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024.
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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Comcast Swings To Profit In Q3, Results Top Estimates
Comcast Corp. on Thursday reported a profit for the third quarter compared to a loss last year, reflecting revenue growth as well as lower costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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732 days ago
Comcast Q4 Profit Edges Down, Bur Results Top Estimates
Comcast Corp. on Thursday reported that profit for the fourth quarter edged down 1.1 percent from last year, reflecting higher costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a 7.4 percent higher quarterly dividend.
RTTNews
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1005 days ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
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1h 2min ago
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
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1h 34min ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the New York session on Monday.
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3h 24min ago
Swiss Market Ends Modestly Lower
The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
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8h 6min ago
European Stocks Close Mostly Higher On Easing Trade Tensions
European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
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8h 22min ago
German Business Confidence Improves On Stronger Expectations: Ifo
Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
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10h 39min ago







