Comcast Keeps Its Dividend Steady
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.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.