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Comcast Boosts Quarterly Dividend 6.9%; Approves New $15 Bln Share Buyback - Update
(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 Q4 Profit Edges Down, Bur Results Top Estimates
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Canadian Market Rises On Rate Cut Bets
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Swiss Market Ends Marginally Up After Choppy Ride
The market started off on a positive note on Friday but slipped into the red around mid morning and then struggled for direction till the end with stocks swinging between gains and losses amid cautious moves by investors.
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European Stocks Close Higher After Cautious Session
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U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October
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