Cable, entertainment, and communications company Comcast is holding steady to its dividend payout this quarter. The company announced this week that it will pay shareholders $0.195 per share of common stock, the same payout it's paid since April, when it raised its quarterly payout 20%.
Annually, this amount adds up to a $0.78 payout per share, or a 1.8% yield on yesterday's closing price. The quarterly dividend will be payable Oct. 23 to stockholders of record as of Oct. 2.
The article Comcast Keeps Its Dividend Steady originally appeared on Fool.com.
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