15 Best Low Priced Dividend Stocks to Buy Now

9. Comcast Corporation (NASDAQ:CMCSA)

Share Price as of the Close of March 17: $35.84

Forward P/E Ratio as of March 17: 8.35

Comcast Corporation (NASDAQ:CMCSA) is an American multinational mass media company that offers a wide range of mobile phone and cable TV services. The company operates through multiple divisions, including Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks. On March 11, the company announced a complimentary internet speed upgrade for over 20 million Xfinity customers, increasing upload speeds by 50% to 100%. This enhancement aims to improve file sharing, remote work, and video uploads on social media platforms.

In the fourth quarter of 2024, Comcast Corporation (NASDAQ:CMCSA) generated nearly $32 billion in revenue, reflecting a 2.1% increase from the previous year. Growth was driven by strong performance across its six core business segments. Connectivity revenue rose by 5%, while mobile services expanded with the addition of 1.2 million new lines. Business Services also posted a 5% revenue increase despite a highly competitive market.

Comcast Corporation (NASDAQ:CMCSA) offers a quarterly dividend of $0.33 per share and has a dividend yield of 3.69%, as recorded on March 17. The company maintained a solid cash position, with operating cash flow surpassing $8 billion, up from $6 billion the year before. Free cash flow more than doubled, reaching $3.26 billion compared to $1.7 billion in the prior year. In addition, it distributed $1.2 billion to shareholders through dividends. With 17 consecutive years of dividend growth, CMCSA is one of the best low priced stocks that pay dividends.