Comcast (NYSE:CCZ) Stock Price Up 2.2% – Should You Buy?

Comcast Holdings Corp. (NYSE:CCZGet Free Report)’s share price shot up 2.2% on Monday . The stock traded as high as $59.00 and last traded at $59.00. 118 shares were traded during mid-day trading, a decline of 15% from the average session volume of 139 shares. The stock had previously closed at $57.75.

Comcast Trading Up 2.0 %

The company’s 50-day moving average price is $60.37 and its 200-day moving average price is $58.62.

Comcast Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.448 per share. This represents a $1.79 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Comcast’s previous quarterly dividend of $0.42.

About Comcast

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