This morning, Comcast (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 (CMI) maintained its quarterly dividend of 40 cents per share. Loews (L) maintained its quarterly dividend of 6.25 cents per share. Stanley Black and Decker (SWK) maintained its quarterly dividend of 41 cents per share. And Suntrust Banks (STI) maintained its quarterly dividend of 5 cents per share.
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