Home Markets Dividend Growth of Comcast Corporation(CMCSA)

Dividend Growth of Comcast Corporation(CMCSA)


Comcast Corporation(CMCSA) is having a Dividend Yield of 1.44% with the Annual cash Dividend per share of $1.35. The last quarter cash dividend per share pay out was $0.55. Comcast Corporation has a 5 year average dividend yield of 1.72% and the stock has a Indicated annual dividend of $1.1. Comcast Corporation(CMCSA) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.16. The new indicated annual dividend based on announced dividend per share is $0.63. The dividend yield based on the forward looking indicated annual dividend is 0.82%. Comcast Corporation(CMCSA) has the most recent dividend payout ratio of 0.32 with a 5-year average payout ratio of 0.33. The 5 year historical dividend growth of Comcast Corporation(CMCSA) is at the rate of 16.01% while the R-Squared dividend growth is 0.87. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Comcast Corporation (NASDAQ:CMCSA) witnessed a decline in the market cap on Thursday as its shares dropped 0.79% or 0.605 points. After the session commenced at $76.45, the stock reached the higher end at $76.45 while it hit a low of $75.68. With the volume soaring to 8,299,738 shares, the last trade was called at $75.99. The company has a 52-week high of $76.87. The company has a market cap of $180,537 million and there are 2,375,801,700 shares in outstanding. The 52-week low of the share price is $56.59. Shares of Comcast Corporation rose by 1.28% in the last five trading days and 5.12% for the last 4 weeks. Comcast Corporation is up 13.9% in the last 3-month period. Year-to-Date the stock performance stands at 10.05%.

Currently the company Insiders own 1.27% of Comcast Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.77% . Institutional Investors own 82.03% of Comcast Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -22.15%. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Lawrence J Salva (EVP & Chief Accounting Officer) sold 3,121 shares at 75.96 per share price.On Feb 7, 2017, Neil Smit (Sr. EVP) sold 39,730 shares at 75.28 per share price.On Dec 28, 2016, Arthur R Block (EVP, GC and Secretary) sold 1,680 shares at 70.80 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 31, 2017 to Outperform, Raises Price Target to $ 80 from a previous price target of $72 .Comcast Corporation was Downgraded by Pacific Crest to Sector Weight on Jan 27, 2017. Company shares were Reiterated by Pivotal Research Group on Jan 26, 2017 to Buy, Raises Price Target to $ 95 from a previous price target of $90 .Company shares were Reiterated by Telsey Advisory Group on Jan 24, 2017 to Outperform, Raises Price Target to $ 84 from a previous price target of $76 .Comcast Corporation was Initiated by HSBC Securities to Buy on Jan 19, 2017.

Comcast Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.87. The company had revenue of $21025.00 million for the quarter, compared to analysts expectations of $20671.44 million. The companys revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.

Comcast Corp., among the worlds leading communication companies, provides basic cable, digital cable and high speed internet services that connect people to whats important in their lives. They are in the process of deploying digital video applications and high-speed Internet access service to expand the products available on their cable communications networks.



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