Own Comcast by Oct. 7 to Qualify for Its Next Dividend (Yielding Over 6%). Here's How Many Shares You'd Need for $5,352.60 in Yearly Dividends.
2026-10-02 08:15
•John Bromels •The Motley Fool
••• •• Axe Cap view
High Comcast Dividend Makes It Worth a Look, Despite Price Drop
Comcast’s yield tops 6%, but a 58% price drop tempers enthusiasm.
Comcast shares have taken a beating since the pandemic highs, down almost 60% over five years. Yet, they've now hit a 6% dividend yield, quite rare among major global stocks. This makes Comcast attractive if you seek steady income and can tolerate share price volatility. For South African investors, the rand-dollar rate matters; any rand weakening against the dollar would boost local returns on those dollar dividends. However, the high initial outlay—over R1.5 million at current levels to match the $5,352 yearly dividend cited—makes it more a long game, possibly built up through regular purchases. The tech-growth narrative has faded for Comcast, so the income is the main attraction, not capital gains. If global economic or sector conditions worsen, the dividend may be cut, or the stock could fall further. Treat this as a yield play, not a growth rocket. this is just our opinion and not financial advice
Wait to accumulate Comcast gradually if your Rand-USD outlook supports a weaker rand; otherwise, avoid large lump sums. Consider it a selective income play rather than core growth exposure.
- CMCSA
- USD/ZAR
- Dividend cuts if cable sector slows
- Stronger rand reducing USD dividend value locally
6/10
Comcast's stock price has fallen 58% over the past five years from pandemic-era peaks, but the company now offers an attractive dividend yield exceeding 6%, an all-time high. An investor would need approximately 4,055 shares (costing ~$87,264) to generate $5,352.60 in annual dividend income, equivalent to the median U.S. full-time wage. While the high upfront cost is substantial, gradual investment and dividend reinvestment can build a meaningful retirement income stream.
Our take is based on reporting first published by The Motley Fool.