Comcast declares quarterly dividend of $0.33 per share

PHILADELPHIA - Comcast Corporation (NASDAQ:CMCSA) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.33 per share on the company’s common stock. The dividend represents a yield of 4.06%, reflecting the company’s impressive 18-year track record of maintaining dividend payments, with five consecutive years of increases.

The dividend will be payable on October 22, 2025, to shareholders of record as of the close of business on October 1, 2025, according to a press release issued by the company. According to InvestingPro analysis, Comcast currently trades at an attractive P/E ratio of 7.92 and appears undervalued based on its Fair Value estimates.

Comcast is a global media and technology company that provides broadband, wireless, and video services through Xfinity, Comcast Business, and Sky. The company also produces and distributes entertainment, sports, and news content through brands including NBC, Telemundo, Universal, Peacock, and Sky, while operating theme parks and attractions through Universal Destinations & Experiences.

The quarterly dividend announcement represents a routine financial update for the company’s shareholders.

In other recent news, Comcast Corporation has announced significant developments affecting its operations and future prospects. The company reported an increase in prices for its Peacock streaming service, with the ad-supported plan now costing $11 per month, up from $8, and the ad-free version rising to $17. This price adjustment is part of a broader strategy to enhance revenue from its streaming services. In a related move, Benchmark has reiterated its Buy rating on Comcast, setting a price target of $48, noting the price hikes as a positive step for the company’s financial health.

Meanwhile, Comcast is preparing for the spin-off of its media division, VERSANT Media Group, Inc., by naming its initial Board of Directors. David Novak will lead the board as Chairman, with Mark Lazarus taking on the role of Chief Executive Officer. In other corporate news, Comcast has completed the sale of Sky Deutschland to RTL Group for an initial payment of €150 million, with potential additional payments based on RTL’s future share price.

On the analyst front, Bernstein has reiterated its Market Perform rating on Comcast, expressing concerns about potential challenges in the company’s broadband segment. These developments reflect Comcast’s ongoing efforts to adapt to market conditions and strategic shifts in its business model.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.