Why Income Investors Favor Comcast Corporation (CMCSA) for Dividend Stocks

Reported 2 days ago

Comcast Corporation (NASDAQ:CMCSA) remains a top choice for income investors seeking dividend stocks despite facing industry challenges. Competing in the broadband market and adjusting to diminishing cable subscriptions, Comcast still boasts a strong market presence with its Xfinity and Sky services. The company has consistently raised its dividends for 21 years, currently offering a quarterly dividend of $0.33 per share with a yield of 4.18%. Although other investment opportunities may present higher potential, Comcast's resilience and history of dividend growth make it a reliable option for investors.

Source: YAHOO

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