Comcast Holdings Corp. (NYSE:CCZ – Get Free Report)’s share price dropped 5.7% on Monday . The company traded as low as $64.67 and last traded at $60.9560. Approximately 103 shares traded hands during trading, a decline of 76% from the average session volume of 430 shares. The stock had previously closed at $64.67.
Comcast Price Performance
The company has a fifty day moving average price of $63.54 and a 200-day moving average price of $64.01.
Comcast Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.4622 per share. The ex-dividend date was Wednesday, July 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Comcast’s previous quarterly dividend of $0.46.
About Comcast
Comcast Corporation is a global media, entertainment and communications company known for its diversified portfolio of services. Through its Comcast Cable division, the company offers high-speed internet, video, voice and mobile services to residential and business customers under the Xfinity and Comcast Business brands. Comcast Cable has built a robust broadband network across the United States, positioning itself as a leading provider of connectivity solutions in both urban centers and suburban markets.
In 2011, Comcast completed its acquisition of media giant NBCUniversal, significantly expanding its presence in content creation and distribution.
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