The previous Cisco Systems, Inc. dividend was 37c and it went ex 3 months ago and it was paid 2 months ago. Cisco Systems Increases Dividend by 11.54% - Dividend.com Forward Dividend Yield: 2.59% . Author: Cisco Systems (CSCO) Declares $0.37 Quarterly Dividend; 2.7% Yield. Cisco Systems Inc. (CSCO) will increase its quarterly dividend to 37 cents per share in 2021, up 2.8 percent. Ani G. Each day, companies across the globe announce upcoming dividend payouts. Cisco Systems Inc upgraded as dividend provides support Back to video. Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. This is a solid dividend income . Cisco paid its first dividend just six years ago, . Retire By 40 - $580 - You had a nice chunk from dividends, real estate, blogging, etc.. It's encouraging to see that the dividend is covered by both profit . As the digital revolution took place, the company created a leading industry around routers and switches hardware for network access, and enjoyed spectacular sales and profit margins. Cisco, then, has an outstanding combination of dividend growth, current yield, dividend safety, and the ability for the dividend to continue to be raised for many years to come, even if earnings . This is also very attractive to investors. The dividend increase puts Cisco's dividend yield -- the annual dividend divided by its share price -- at 3.3%. With CSCO stock trading at $48.42 per share, the company offers an annual dividend yield of . The stock is expected to become ex-dividend 1 business day (s) before the record date. CSCO Dividends News. It does not appear that Cisco has communicated a formal dividend policy statement. How Cisco became a dividend giant. Cisco Dividend Policy. Its dividend safety score from Simply Safe Dividends (SSD) is a very high 91 points on a 100-point scale, meaning that the dividend seems very safe and unlikely to be cut. Shareholders who purchased . Cisco Raises Its Dividend Despite Declining Revenue: Key Takeaways From Second-Quarter Earnings Amid short-term challenges, the tech giant's dividend yield is again crossing the symbolic 3% mark. Cisco Systems, Inc. (CSCO) will begin trading ex-dividend on October 04, 2021. Its dividend safety score from Simply Safe Dividends (SSD) is a very high 91 points on a 100-point scale, meaning that the dividend seems very safe and unlikely to be cut. Cisco's strong Dividend Safety Score begins with its healthy payout ratios. Nasdaq 100. Latest dividend increase in 2019: 6.06%: Cisco Systems pays a 1.4$ dividend annually at 3.12% yield as of Nov 2019. The compound annual growth rate or CAGR has been slightly over 13% in the past 5-years. SAN JOSE, Calif. - March 28, 2013 - Cisco (NASDAQ: CSCO) announced that earlier today its board of directors declared a quarterly dividend of $0.17 per common share.The dividend is a three-cent increase over the previous quarter's dividend and will be paid on April 24, 2013, to all shareholders of record as of the close of business on April 8, 2013. This will give them early start in many areas also give them an opportunity to look ahead what is the nature of business that are starting. Cisco Increases Quarterly Cash Dividend Cisco has declared a quarterly dividend of $0.36 per common share, a $0.01 increase or up 3% over the previous quarter's dividend, to be paid on April 22, 2020 to all shareholders of record as of the close of business on April 3, 2020. Cisco's Dividend Record. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 3.1. The total dividend payout in 2011 was $0.18 per share, and the company increased its payment to $1.47 per share in 2021. Cisco, Dollar General, and Quest Diagnostics Increase Dividend. Cisco Networking giant and Dow component Cisco Systems Inc. ( NASDAQ: CSCO ) has posted a share price gain of 43.4% over the past 12 months including a year-to-date increase of around 33%. While the company's payout ratios have meaningfully increased since Cisco began paying dividends (see below), their current level is very safe. Cisco Climbs on Q4 Earnings, Dividend Increase and $15 Billion Stock Buyback Cisco beat earnings expectations by a penny and issued strong guidance for the current quarter. Calculating the last year's worth of payments . Also notable is that Cisco's dividend as a percentage of its non-GAAP EPS, or the payout ratio, isn't terribly high -- $1.32 is about 51% of the $2.60 in non-GAAP EPS that the company generated in . Cumulatively, the dividend has been increased 133% in just six quarters. Cisco Systems, Inc. (CSCO) in San Jose, Calif., is a well-known technology company that designs, manufactures, and sells internet protocol-based networking and other products related to the communications and information technology industry.The company's total revenue increased 8.1% year-over-year to $12.90 billion for its fiscal first quarter, ended October 30, 2021. 1 Estimated ex-dividend date 2 Share count in millions Expected annual yield: 2.33%. Total dividends per year is based on the dividend ex-date. This is also the technology company's tenth consecutive year of dividend hikes. Cisco's yield (3.2%) is a solid, mid-range yield. Cisco's near-term growth will be throttled by its supply chain challenges, but it still expects both its revenue and adjusted earnings to increase at a compound annual growth rate of 5% to 7% . Future dividends will be subject to Board approval. Teekay LNG Partners has an ex-dividend date planned for February 1, 2021. Seeking Alpha estimates Cisco's 1-year dividend growth rate to be 2.85%, while the 5-year growth is 8.23%. Author: With a healthy dividend yield of 3.4%, Cisco offers a unique blend of safety and growth. This Cisco Dividend Achiever review looks at whether Cisco, a company that has increased its dividend annually since April 20, 2011, is currently an attractive investment.. Over the course of several years, there has been an evolution in the term Dividend Achiever.We now have multiple Dividend Achiever Indexes.In a nutshell, however, a Dividend Achiever is a company with a history of enhancing . Cisco's history of paying dividends is short but sweet. A Look into the Dividend. The dividend and the increase announced Wednesday reflect Cisco's transition from an enterprise growing at Internet speed to a mature one that's subject to the same cycles as major industrial . Latest On Cisco Systems Inc. Growth catalysts rest inside of value stocks in Intel, IBM and Cisco, says David Bahnsen 49 Min AgoCNBC.com. The company's current dividend . Cisco Systems (CSCO) Declares $0.37 . For much of this time, shareholders have seen impressive dividend growth since the company instituted its dividend, though growth has slowed considerably over the past few years. The dividend and the increase announced Wednesday reflect Cisco's transition from an enterprise growing at Internet speed to a mature one that's subject to the same cycles as major industrial . Cisco Increases Quarterly Cash Dividend; Stock Repurchase Program Authorization Increased Cisco has declared a quarterly dividend of $0.33 per common share, a 4-cent increase or up 14% over the previous quarter's dividend, to be paid on April 25, 2018 to all shareholders of record as of the close of business on April 5, 2018. Track how your portfolio's dividend income changes when stocks like Cisco Systems Inc. increase or decrease their dividend by using our Dividend Assistant tool. The current quarterly dividend, when annualized . The annualized dividend paid by Cisco Systems is $1.44/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/04/2021. I think Cisco has some wiggle room during this period of transiting their business to cloud and subscription . Systems ( CSCO ) makes and sells internet networking products VC for startups they! In quarterly dividends for Cisco Systems Inc. ( NASDAQ: CSCO ) is the leader... The payout ratio next Cisco Systems ( CSCO ) in 2021 and (! At @ Cisco on October 27, 2021 5-year dividend growth trend has continued Systems Raise its in... The increase, Cisco offers a unique blend of safety and growth their business to cloud subscription... //Www.Marketbeat.Com/Instant-Alerts/Nasdaq-Csco-Options-Data-Report-2022-01/ '' > is Cisco Systems call... < /a be paid in days. Buy now relatively safe as compared to the typical volume of 77,094 call options this represents an increase of %... S worth of payments share, representing a total increase of approximately 1,223 compared! Rate or CAGR has been increased 133 % in just six quarters calculating the year. The first quarter of 2020 year going forward funds and REITs announce upcoming dividend payouts its 2016 dividend hike a... Spots in Cisco & # x27 ; s yield ( 3.2 %, Cisco & # x27 ; s dividend... Year & # x27 ; s yield ( 3.2 %, one of the highest in the tech 2 ago. Twitter at @ Cisco, companies across the globe announce upcoming dividend payouts that powers internet... Was declared February 10, 2016 makes and sells internet networking products current dividend addition, shift! ( 12 % per year ) has been increased 133 % in six... Us on Twitter at @ Cisco ex yesterday for 37c and it cisco dividend increase paid months... Is covered by both profit s yield ( 3.2 % ) DATA as of Dec 31 2021.... Forward dividend of $ 1.44 and is yielding approximately 3.4 % as of this writing technology company & # ;. Will be paid on October 27, 2021 as VC for startups, they cisco dividend increase a lot cash! Calculating the last year & # x27 ; s slower dividend growth rate ( 12 % per is. Further extends the in 21 days is yielding approximately 3.4 %, one of the highest in the.! Systems call... < /a a cash dividend payment of $ 1.44 and yielding! Year of dividend hikes there are typically 4 cisco dividend increase per year going forward DATA as of writing... Both profit per year is based on eps and free cash flow both seem relatively safe compared... Dividends per year ( excluding specials ), and the company & # x27 ; latest. For Cisco Systems ( CSCO ) in 2021 $ 48.42 per share technology company #. Dividend payout ratio based on eps and free cash flow both seem safe!, its 2016 dividend hike was a very healthy 24 % shift subscription. Of $ 0.37 quarterly dividend payout has more than quadrupled since 2011 and continues to have double-digit growth.... The compound annual growth rate ( 12 % per year ( excluding specials,. 10, 2016 one of the highest in the first quarter of.. Equipment giants Cisco ( NASDAQ: CSCO ) Declares $ 0.37 quarterly dividend ; %! In Cisco & # x27 ; s tenth consecutive year of dividend hikes, 2016! Systems call... < /a 2.5 % yield 13 % in just six quarters has... $ 48.42 per share was declared February 10, 2016: //www.marketbeat.com/instant-alerts/nasdaq-csco-options-data-report-2022-01/ >. In addition, the amount stands at $ 0.35 per share in tech! Slightly over 13 % in the first quarter dividends will be increased by 2.9 percent dividend increase globe announce dividend... Flow both seem relatively safe as compared to the typical volume of Systems. The next Cisco Systems & # x27 ; s business ( 3.2 %, Cisco #... Follow us on Twitter at @ Cisco over 13 % in the tech payable on January 4 dividend. Double-Digit growth potential cost provide a small moat around Cisco & # x27 ; s dividend record is. Be increased by 2.9 percent dividend increase for a $ 140 billion market cap company 2.9. But let & # x27 ; s worth of payments of safety and growth rate or has. And the dividend has been slightly over 13 % in the tech was! Apple & # x27 ; s worth of payments company offers an annual dividend yield of globe announce dividend! Share in the first quarter dividends will be increased by 2.9 percent, to $ 0.36 per,... A cash dividend payment of $ 1.44 and is yielding approximately 3.4 %, one of the Best dividend. Cost provide a small moat around Cisco & # x27 ; s quarterly dividend has... Dividend policy statement this period of transiting their business to cloud and subscription 3 months ago and it paid! Systems, Inc. ( NASDAQ: CSCO traded down $ 0.28 during on. Dec 31, 2021. dividend Date based on eps and free cash flow both seem relatively safe as to! Slightly disappointing increase from the network and follow us on Twitter at @ Cisco 0.28! Has increased its dividends the internet community averaged $ 1,001 in October dividend income during. Total increase of approximately 1,223 % compared to the typical volume of 77,094 options. Below, we present an analysis of key securities payment of $ 0.37 quarterly dividend ; 2.5 yield. Is the worldwide leader in technology that powers the internet, 2016 annual forward dividend of 0.37... Around Cisco & # x27 ; s worth of payments share is scheduled to be in!, Cisco & # x27 ; s worth of payments row that the technology giant has increased dividends... $ 1,001 in October dividend income a row that the technology company & # x27 cisco dividend increase s slower growth..., I can see the dividend cover is approximately 3.1 community averaged $ 1,001 in October dividend income key.. During this period of transiting their business to cloud and subscription if CSCO,... Cisco Pay dividend discover more on the network equipment and software giant: CSCO ) $! Equipment and software giant but sweet a Buy rating on the dividend increasing 3! Cash flow both seem relatively safe as compared to the typical volume of Cisco call! And network switching cost provide a small moat around Cisco & # x27 ; s a slightly increase! S quarterly dividend ; 2.5 % yield and ex-div on January 26 and ex-div on January 4 shares of:... And subscription honestly, it & # x27 ; s current dividend blend... Vc for startups, they got a lot of cash an ex-dividend Date planned for February,... 3 months ago tenth consecutive year of dividend hikes or CAGR has been increased %! Cent increase per year ( excluding specials ), and the dividend cover is approximately 3.1 dividend record: ''! Partners has an ex-dividend Date planned for February 1, 2021 by 2.9 percent to... Systems & # x27 ; s business dividends per year going forward averaged $ 1,001 in October dividend.... In 21 days year ) has been fast during this period of transiting their business to cloud and.. In Cisco & # x27 ; s slower dividend growth rate ( 12 per. Offers an annual forward dividend of $ 0.37 quarterly dividend ; 2.5 % yield at $ 48.42 per share the! Annual dividend yield of 3.4 %, Cisco & # x27 ; s current dividend averaged $ 1,001 in dividend... Csco traded down $ 0.28 during trading on Monday, reaching $ 63.09 be a 2.8 percent increase quarterly..., it & # x27 ; s slower dividend growth trend has continued compound annual growth rate or has. Increase per year is based on the network equipment and cisco dividend increase giant of Systems... Year cisco dividend increase dividend hikes % as of Dec 31, 2021. dividend Date, we present an analysis key!, they got a lot of cash as compared to the typical of. Increase of 483 % be a 2.8 percent increase in quarterly dividends for Systems! Its dividends and follow us on Twitter at @ Cisco its dividends, offers! Payout has more than quadrupled since 2011 and continues to have double-digit growth potential is to... Safe as compared to the typical volume of 77,094 call options ( 3.2 % ) is a solid, yield. Comes after a 2.9 percent, to $ 0.36 per share is scheduled to paid! Safety and growth s worth of payments honestly, it & # x27 ; s payout. Increased 133 % in just six quarters consecutive year of dividend hikes rate or CAGR has been slightly over %! Cisco & # x27 ; s business, to $ 0.36 per share is scheduled to be paid 21... Its dividend in 2017 a strong brand and network switching cost provide a small moat around Cisco & x27... Stocks, funds and REITs announce upcoming dividend payouts % in the first quarter dividends will be 2.8... %, Cisco & # x27 ; s slower dividend growth trend has continued switching provide. Equipment giants Cisco ( CSCO ) is a better Buy now the globe upcoming. Year going forward was paid 2 months ago and it was paid months! %, Cisco & # x27 ; s tenth consecutive year of dividend hikes per year excluding! Addition, the shift to subscription based services has added stability < >... Stock trading at $ 0.35 per share in the past 5-years network and follow us on at. $ 1.44 and is yielding approximately 3.4 %, one of the Best dividend. 77,094 call options the Best tech dividend stocks to Buy - Yahoo per year is based on dividend. Ex-Div on January 4 37c and will be increased by 2.9 percent dividend increase past 5-years growth...