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Market Impact: 0.25
Comcast's Big Dividend Yield Has a Shrinking Cable Business Behind It. Is It Safe?
Source: 247wallst.com
Capital Returns (Dividends / Buybacks)Company FundamentalsM&A & RestructuringMedia & Entertainment
Comcast offers a 6% dividend yield while its core cable business loses hundreds of thousands of customers each quarter. A corporate breakup is already underway, juxtaposing shareholder income with ongoing subscriber attrition and restructuring.
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