Comcast Dividend Increase
Image Source: Pexels
On Jan. 30, 2025, Comcast (CMCSA) increased its dividend by 6.45%, from 31 cents to 33 cents per share. The dividend is payable on April 23 to shareholders of record on April 2.
Comcast's contribution to my portfolio's projected annual dividend income will increase by $54 to $891.
I own 675 shares of the stock at an average cost basis of $37.94 per share. Following this increase, my yield on cost is 3.48% (Comcast's forward yield is 3.92% at $33.66 per share).
Since opening my position in March 2028, the stock has generated a total return of -2%, including $2,430 in dividend income. That's a disappointing annualized rate of return of 0.8%.
More By This Author:
Eversource Energy Dividend IncreaseElevance Health Dividend Increase
Alliant Energy Dividend Increase
Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...
more