February 14, 2019

Cisco Increases Quarterly Dividend $CSCO



  • Cisco (NASDAQ:CSCO) declares $0.35/share quarterly dividend, 6.1% increase from prior dividend of $0.33.
  • Forward yield 2.95%
  • Payable April 24; for shareholders of record April 5; ex-div April 4.



Cisco has declared a quarterly dividend of $0.35 per common share, a 2-cent increase or up 6% over the previous quarter's dividend, to be paid on April 24, 2019 to all shareholders of record as of the close of business on April 5, 2019. Future dividends will be subject to Board approval.

Cisco's board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. There is no fixed termination date for the repurchase program. The remaining authorized amount for stock repurchases including the additional authorization is approximately $24 billion.

For more information, visit www.cisco.com


According to the list of U.S. Dividend Champions, Cisco is a Dividend Challengers. CSCO has an 8-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
13.3
16.0
14.5
n/a






Dividend Yield Chart:



Cisco Systems Inc stock dividend yield is close to 5-year low.


Payout Ratio:



This is the historical payout ratio of Cisco Systems Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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