Cisco Raises Dividend Payment to $0.42 Per Share
Cisco Systems has announced its latest quarterly dividend payment of $0.42 per share for stockholders of record on October 2nd.
The network equipment provider will pay out this amount on October 21st, representing a 1.4% dividend yield and an annualized dividend of $1.68.
This marks the company's 13th consecutive year of raising its dividend payments, with an average increase of 0.0% per year over the past three years.