26-01-2017 13:19 via feedproxy.google.com

Comcast boosts shareholder returns after strong FY results

(Telecompaper) Comcast announced an increase in shareholder returns after reporting its best cable TV results in ten years. The cable company raised its dividend by 15 percent to USD 1.26 per share, plans a 2-for-1 stock split and will buy back another USD 5 billion in shares this year. In the fourth quarter, revenues rose 9.2 percent to USD 21.025 billion. Cable revenues were up 7.1 percent to USD 12.843 billion, and NBCUniversal grew revenue 13.0 percent to USD 8.451 billion, with growth suppo
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