Comcast increases annualized dividend to $1.16 per share

Comcast announced that it increased its dividend by 8c to $1.16 per share on an annualized basis, up 7.4% year-over-year. In accordance with the increase, the board of directors declared a quarterly cash dividend of $0.29 a share on the company’s common stock, payable on April 26, to shareholders of record as of the close of business on April 5.