Comcast ranks among top dividend stocks favored by hedge funds in 2024

Comcast Corporation (CMCSA) is being evaluated among the 12 most reliable dividend stocks favored by hedge funds. In 2024, many U.S. companies increased or maintained their dividend payouts, with a notable rise in tech firms offering dividends. By September 2024, about 80% of S&P companies were distributing dividends, with technology sector participation growing from 13% to 24% over the past decade. This trend has expanded investment opportunities for equity-income investors. Analysts predict a 7% rise in dividends for 2025, supported by strong earnings growth. The current low payout ratio of 29% indicates potential for further increases in dividend distributions, driven by demand from retired investors seeking income.