Comcast (CMCSA) and the Appeal of Affordable Dividend Stocks for Long-Term Investors

Comcast Corporation (NASDAQ:CMCSA) is included among the 11 Best Affordable Dividend Stocks to Buy Now.

Comcast Corporation (NASDAQ:CMCSA) is an American multinational mass media, entertainment, and telecommunications company. IT has grown into one of the most wide-ranging names in media and telecommunications. In the US, its Xfinity brand is the largest provider of both pay television and residential internet, while in Europe, its Sky division holds the top spot in pay-TV. The company’s reach extends across broadcast and cable channels, as well as live-action and animated film production.

Comcast Corporation (NASDAQ:CMCSA)’s portfolio also includes Peacock, a subscription-based streaming service, and Comcast Spectacor, which focuses on sports and entertainment in the Philadelphia region. Beyond media, the company oversees four Universal Studios theme parks located across different parts of the world.

Looking ahead, Comcast Corporation (NASDAQ:CMCSA) intends to reorganize its portfolio by spinning off most of its cable networks into a new company, Versant, by the close of 2025. Versant will encompass NBCUniversal’s cable channels alongside digital platforms such as Fandango and Rotten Tomatoes. Meanwhile, Comcast will retain ownership of the NBC broadcast network, its television and film studios, the theme parks, Peacock, and the Bravo network.

Comcast Corporation (NASDAQ:CMCSA) has built a solid track record when it comes to rewarding shareholders. The company has raised its dividend for 21 straight years, making it a reliable choice for income-focused investors. At present, it distributes a quarterly dividend of $0.33 per share. As of October 2, the stock has a yield of 2.30%.

While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.