Comcast Corporation

NASDAQ Global Select
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Somewhat Bullish +45

CMCSA Dividend History: 4.98% Yield · $0.33 quarterly | MerryDiv

AI-generated analysis

📈 Comcast (CMCSA) offers a high dividend yield of 4.98% with a $1.32 annual payout per share.

📅 The next ex-dividend date for CMCSA is scheduled for October 7, 2026.

📊 The company has increased its dividend for six consecutive years, demonstrating commitment to growth.

💰 Comcast maintains a moderate payout ratio of 43.4%, retaining significant earnings for reinvestment.

🏢 CMCSA operates through diversified segments including Xfinity cable, NBCUniversal media, and Universal Studios theme parks.

📉 The stock exhibits a beta of 0.647, indicating lower volatility than the broader market.

📈 Historical dividend growth from 1998 to 2025 shows an 18.1% compound annual growth rate (CAGR).

💡 The current yield of 4.98% is higher than the five-year average of 4.3%.

⚠️ Ongoing investments in Peacock streaming and international expansion via Sky create cost pressures on earnings available for dividends.

Bullish Signals
  • Comcast offers an attractive 4.98% dividend yield, which is currently above its five-year average of 4.3%.
  • The company has successfully increased its dividend for six consecutive years, signaling management confidence in cash flow generation.
  • A moderate payout ratio of 43.4% leaves substantial earnings retained within the business to support future growth and dividend safety.
Risk Factors
  • The company operates in a capital-intensive industry where ongoing investments in Peacock streaming and international expansion through Sky may limit aggressive dividend growth.
  • While the current yield is high, the pace of recent annual dividend raises is described as modest compared to the long-term 18.1% historical CAGR.
Full Analysis
Comcast Corporation (CMCSA) is currently offering a dividend yield of 4.98% based on a $1.32 annual payout per share, with the next ex-dividend date set for October 7, 2026. The stock trades at approximately $26.49 and has demonstrated a commitment to shareholder returns through six consecutive years of dividend growth. The company maintains a moderate payout ratio of 43.4% of earnings, which provides a cushion of retained earnings to support the dividend against potential fluctuations in revenue. This financial structure is underpinned by Comcast's diversified business model spanning Cable Communications (Xfinity), Media (NBCUniversal/Peacock), Studios, Theme Parks, and international operations via Sky. Historically, CMCSA has delivered a compound annual growth rate of 18.1% for dividends from 1998 to 2025, though recent growth pace is noted as modest compared to this long-term average. The current yield sits above the five-year average of 4.3%, presenting an attractive entry point for income-focused investors despite the capital-intensive nature of the media and technology sector.