This morning, Comcast (NASDAQ:CMCSA) declared its quarterly dividend of 16.25 cents per share, an increase of about 44% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.7% going forward.
Shares of Comcast were higher on Wednesday, picking up 5.3% so far.
In other dividend news, Cummins (NYSE:CMI) maintained its quarterly dividend of 40 cents per share. Loews (NYSE:L) maintained its quarterly dividend of 6.25 cents per share. Stanley Black and Decker (NYSE:SWK) maintained its quarterly dividend of 41 cents per share. And Suntrust Banks (NYSE:STI) maintained its quarterly dividend of 5 cents per share.
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