CMCSA Comcast Corporation Class A

Comcast Increases Dividend, Announces Two-for-One Stock Split and Expects to Repurchase $5 Billion of Stock in 2017

PHILADELPHIA--(BUSINESS WIRE)--

Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by 15% to $1.26 per share on an annualized, pre-split basis, or $0.63 per share on an annualized, post-split basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.1575 a share, on a post-split basis, on the company’s common stock, payable on April 26, 2017 to shareholders of record as of the close of business on April 5, 2017.

In addition, Comcast announced that its Board of Directors has increased its stock repurchase program authorization to $12.0 billion. Comcast expects to repurchase $5.0 billion of its common stock during 2017, subject to market conditions.

Comcast also announced that its Board of Directors declared a two-for-one stock split in the form of a 100% stock dividend payable on February 17, 2017 to shareholders of record as of the close of business on February 8, 2017. The stock dividend will be an additional one share for every share held and will be payable in shares of Class A common stock (CMCSA) on the existing CMCSA shares and Class B common shares. Comcast expects its CMCSA shares to begin trading ex-dividend on February 21, 2017.

As of December 31, 2016, Comcast had outstanding approximately 2.366 billion shares of CMCSA and 9 million shares of Class B Common Stock. Upon completion of the split, the outstanding shares of CMCSA will increase to approximately 4.742 billion.

To automatically receive Comcast financial news by e-mail, please visit www.cmcsa.com and subscribe to E-mail Alerts.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation's largest video, high-speed Internet and phone providers to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. Visit www.comcastcorporation.com for more information.

EN
26/01/2017

Underlying

CMCSAComcast Corporation Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin
EUR 8494.00
CMCSA Comcast Corpora...
VZ Verizon Communi... ... (+3)

In Partial Win for Cable, Trump Memoranda Appears to Protect CBRS

Late Friday, President Trump released a new Presidential Memoranda on 6G and Spectrum. While what the Memoranda said is largely a restatement of what we have previously reported, we think the most important element for investors is what it didn’t say; specifically, that by omission it appears to protect the spectrum known as the Citizens Band Radio Services (CBRS) currently used by cable (and others) for wireless services. In this note we provide an analysis of the Memoranda.

CMCSA COMCAST CORPORATION CLASS A
VZ VERIZON COMMUNICATIONS INC.
CHTR CHARTER COMMUNICATIONS INC. CLASS A
12/22/25 December 22, 2025 1 EN
Vikash Harlalka
  • Vikash Harlalka
CMCSA Comcast Corpora...

CMCSA 4Q25 Preview

We have updated our model for recent management commentary at investor conferences. Changes to our estimates are minor. We expect broadband losses to remain elevated due to heightened competition from fiber and FWA.

CMCSA COMCAST CORPORATION CLASS A
12/18/25 December 18, 2025 1 EN
EUR 152.89
CMCSA Comcast Corpora...

Comcast Corporation: Update to credit analysis

Our credit view of this issuer reflects its strategic emphasis on revenue growers within its diversified portfolio of businesses and end markets.

CMCSA COMCAST CORPORATION CLASS A
12/04/25 December 4, 2025 1 EN
Vikash Harlalka
  • Vikash Harlalka
CMCSA Comcast Corpora...

CMCSA Quick Hit: A Merger Between NBCU and WBD?

Press reports indicate that Comcast has submitted a revised bid for Warner Bros. Discovery (WBD) and has offered to merge it with its NBCUniversal division (NBCU). WBD shareholders would receive a mix of cash and stock in the new entity. We think there are merits to this transaction but getting a deal approved by the regulators could prove challenging.

CMCSA COMCAST CORPORATION CLASS A
12/03/25 December 3, 2025 1 EN
David Barden ... (+2)
  • David Barden
  • Vikash Harlalka
EUR 8494.00
CMCSA Comcast Corpora...
VZ Verizon Communi... ... (+7)

The future of broadband 3Q25: Our updated broadband industry forecast ...

In this report, our latest broadband outlook tome, in addition to forecasting the future of broadband by technology for the next 5 years, we undertake a sensitivity analysis for Cable's end-state market share possibilities. We also refresh our work on the relative competitive positioning of carriers based on end-user cNPS scores via our Recon Analytics partnership.

CMCSA COMCAST CORPORATION CLASS A
VZ VERIZON COMMUNICATIONS INC.
T AT&T INC.
SATS ECHOSTAR CORPORATION CLASS A
CHTR CHARTER COMMUNICATIONS INC. CLASS A
TMOBNL ODIDO (FORMERLY T-MOBILE NL)
ATUS ALTICE US
12/02/25 December 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch