The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Comcast Increases Dividend by 20% to $0.78 Per Share on an Annualized Basis and Plans to Repurchase $2 Billion of Its Stock in 2013

Tuesday, February 12, 2013

Comcast Increases Dividend by 20% to $0.78 Per Share on an Annualized Basis and Plans to Repurchase $2 Billion of Its Stock in 201316:32 EST Tuesday, February 12, 2013 PHILADELPHIA (Business Wire) -- Comcast Corporation (NASDAQ: CMCSA, CMCSK), a leading media, entertainment and communications company, announced today that it increased its dividend by 20% to $0.78 per share on an annualized basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.195 a share on the company's common stock, payable on April 24, 2013 to shareholders of record as of the close of business on April 3, 2013. Today, Comcast also announced that it plans to repurchase $2.0 billion of its stock during 2013, subject to market conditions. To automatically receive Comcast financial news by e-mail, please visit www.cmcsa.com or www.cmcsk.com and subscribe to E-mail Alerts. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is the nation's largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates 30 news and entertainment 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. Comcast CorporationInvestor Contacts:Marlene S. Dooner, 215-286-7392Jane B. Kearns, 215-286-4794