Comcast hikes annual dividend, OKs new $15B buyback, posts Q4 results beat

Media and cable giant Comcast (NASDAQ:CMCSA) reported a top- and bottom-line beat in its fourth quarter earnings report, hiked its annual dividend by 6.5%, and approved a new $15B stock buyback.

CMCSA shares are down nearly 4% at $35.92 in premarket trading