Comcast Corporation (CMCSA) To Go Ex-Dividend on January 14th

Comcast Corporation (NASDAQ:CMCSA) announced a quarterly dividend on Thursday, October 30th. Investors of record on Wednesday, January 14th will be given a dividend of 0.33 per share by the cable giant on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Wednesday, January 14th.

Comcast has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 18 years. Comcast has a payout ratio of 28.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Comcast to earn $4.68 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 28.2%.

Comcast Stock Performance

Comcast stock opened at $28.37 on Monday. The firm has a 50 day simple moving average of $28.00 and a 200-day simple moving average of $31.01. The stock has a market cap of $103.38 billion, a price-to-earnings ratio of 4.72, a price-to-earnings-growth ratio of 1.98 and a beta of 0.81. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Comcast has a 1-year low of $25.75 and a 1-year high of $38.40.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Monday, March 13th. The cable giant reported $0.77 EPS for the quarter. The firm had revenue of $30.34 billion for the quarter. Comcast had a return on equity of 18.06% and a net margin of 18.33%. On average, analysts expect that Comcast will post 4.33 EPS for the current year.

Comcast Company Profile

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.