13 Cheap High Dividend Stocks To Invest In Now

9. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 72

Dividend Yield as of February 17: 3.73%

P/E Ratio: 8.55

Comcast Corporation (NASDAQ:CMCSA) is a Philadelphia-based global media and technology company that provides broadband, wireless, and video services, including Sky-branded TV networks and advertising. A Comcast-Charter merger has been the talk of Wall Street for a while now. While neither company has come to an agreement, TD Cowen analysts commented on January 31 that they see a Comcast-Charter merger as strategically beneficial due to potential scale advantages and synergies, especially with their existing Xumo joint venture.

In 2024, Comcast Corporation (NASDAQ:CMCSA) hit record highs with $124 billion in revenue and $38 billion in adjusted EBITDA, while adjusted EPS grew by 9%. The company pulled in $3.3 billion in free cash flow for Q4 and $12.5 billion for the year, returning $13.5 billion to shareholders, including $8.5 billion in stock buybacks. On January 30, 2025, the company announced a 6.5% quarterly dividend increase to $0.33 per share, set to be paid on April 23 to shareholders on record as of April 2. It is one of the best dividend stocks to consider.

According to Insider Monkey’s third-quarter database, Comcast Corporation (NASDAQ:CMCSA) was part of 72 hedge fund portfolios, up from 61 in the prior quarter. Jean-Marie Eveillard’s First Eagle Investment Management is the largest stakeholder in the company, with 31.8 million shares worth $1.3 billion.