Activity of Comcast Corporation (NASDAQ:CMCSA) – Declaration of Quarterly Dividend


Dallas, Texas 07/29/2013 (Financialstrend) – A leading company known for entertainment, communication and cable network, Comcast Corporation (NASDAQ:CMCSA) announced quarterly dividend of exactly $0.195 on the common stock of the company. The time for quarterly dividend payable starts on 23rd of October 2013.

According to the analyst, Comcast (CMCSA) abided with the street ratings of A+. In multiple areas, strength of the company can be viewed with regards to price, performance, stock, revenue growth etc.  But, the analyst also says that, company has a weak operational cash flow.

Mid day trades on Wednesday shows downfall of companies share by 1.01 %. There was a low of 25 week amounting to $31.55. Even the forecast with the high of $45.36 was for 52 weeks.

An announcement about Comcast Corporation (NASDAQ:CMCSA) earning was also brought forward to the mass public. On 1st of May, earning was announced as $0.51 per share for the particular quarter. Even for the particular quarter, the company had earned revenue of $15.46 billion.  But, last year company had earnings of $0.45 per share.  Thus, there was revenue of Comcast corp. in the last year.

Other analysts also speculated various earnings as well as redemption facts of the particular company. The price target on shares was also signified by Wunderlich Analysts. Facts about the buy rating on shares were also speculated by the analysts. There was also a separate analysis of Raymond James Analyst which was under the outperform rating.

According to seven analyst, stock were under the hold rating. Buy rating was issued by 22 analysts.  One among the analysts has issued a strong buy rating of the stock belonging to Comcast Corporation (NASDAQ:CMCSA). The target price over here is not less than $46.33.  Today, Comcast Corporation (NASDAQ:CMCSA) is known to provide an exclusive products and services associated with communication, entertainment as well as information.

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