Comcast stands out in the Nasdaq-100 with a 5.8% dividend yield, trading at a low forward earnings multiple as investors weigh its core cable struggles against the potential of its NBCUniversal assets.
Comcast is the only Nasdaq-100 stock yielding over 5%, with a 5.8% dividend yield and a planned NBC
Comcast has emerged as the only Nasdaq-100 component offering a dividend yield above 5%, surpassing the 10-year Treasury note. Despite a 23% decline in share price over the past year and ongoing challenges in its cable and broadband segments, the company maintains a valuation under 7 times forward earnings and a 18-year streak of dividend increases.
Comcast became the sole member after Kraft Heinz transferred its listing to the New York Stock Exchange, removing it from the Nasdaq-100 index.
The company faces four consecutive years of stagnant revenue growth, declining cable TV subscribers, and increased competition in the broadband market.