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Comcast (Comcast) 3-Year Dividend Growth Rate

: 8.00% (As of Dec. 2023)
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Comcast's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

The historical rank and industry rank for Comcast's 3-Year Dividend Growth Rate or its related term are showing as below:

CMCSA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 14.75   Max: 65.1
Current: 8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Comcast was 65.10% per year. The lowest was -37.00% per year. And the median was 14.75% per year.

CMCSA's 3-Year Dividend Growth Rate is ranked better than
60.93% of 151 companies
in the Telecommunication Services industry
Industry Median: 6 vs CMCSA: 8.00

During the past 12 months, Comcast's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Comcast's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35. As of today, Comcast's Dividend Yield % is 2.93%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Telecom Services subindustry, Comcast's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comcast 3-Year Dividend Growth Rate Distribution

For the Telecommunication Services industry and Communication Services sector, Comcast's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Comcast's 3-Year Dividend Growth Rate falls into.



Comcast 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Comcast  (NAS:CMCSA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Comcast's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.29/ 0.84
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Comcast was 0.44. The lowest was 0.13. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Comcast Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3102024-04-022024-04-032024-04-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902024-01-022024-01-032024-01-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-10-032023-10-042023-10-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-07-032023-07-052023-07-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Comcast's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.18/40.57
=2.91 %

Current Share Price is $40.57.
Comcast's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.

During the past 13 years, the highest Dividend Yield of Comcast was 3.62%. The lowest was 1.36%. And the median was 1.76%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comcast 3-Year Dividend Growth Rate Related Terms>


Comcast (Comcast) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
Executives
Jason Armstrong officer: CFO & Treasurer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady director 22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr director PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury officer: Chief Communications Officer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock officer: SVP & Chief Accounting Officer 1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson officer: Sr. EVP 1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts director, officer: Chairman of Board, Pres. & CEO COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller officer: Sr. EVP ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong officer: CEO - Sky C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell officer: CEO - NBCUniversal C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz director
David L Cohen officer: Executive Vice President

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