Divide and prosper: Dividends from the TV sector

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Pile of MoneyThe Q2 earnings results reporting period is upon us, and as is often the case, it is being accompanied by announcements from some of those companies that they intend to share their successes with their shareholders.


The companies include Comcast, Nexstar and Belo (soon to be folded into Gannett pending regulatory approvals).

* Nexstar is planning a dividend distribution of $0.12 per share on 8/30/13, going out to all shareholders as of 8/16/13.

* Belo Corporation shareholders can look for a payment of $0.08 per share on 9/6/13, as long as they are on board with the company as of 8/16/13.

* Comcast is paying $0.195 per share in a distribution that is planned for 10/23/13. Shareholders as of 10/2/13 will be able to get a piece of the action.