Comcast Co. ( NASDAQ:CMCSA – Get Free Report ) declared a quarterly dividend on Tuesday, July 11th, Zacks reports. Stockholders of record on Wednesday, October 4th will be given a dividend of 0.29 per share by the cable giant on Wednesday, October 25th. This represents a $1.16 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Tuesday, October 3rd. Comcast has a payout ratio of 27.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Comcast to earn $4.

https://www.dailypolitical.com/2023/10/01/comcast-co-cmcsa-to-go-ex-dividend-on-october-3rd.html

#dailypolitical