Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising unified communications, Cisco TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, it provides security products, such as network security, cloud and email security, identity and access management, advanced threat protection, and unified threat management products. Further, the company offers a range of service and support options for its customers, including technical support and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
Cisco Systems Dividend Announcement
• Cisco Systems announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-02
• Cisco Systems annual dividend for 2024 was $1.59
• Cisco Systems annual dividend for 2023 was $1.55
• Cisco Systems's trailing twelve-month (TTM) dividend yield is 2.71%
• Cisco Systems's payout ratio for the trailing twelve months (TTM) is 61.86%
• Cisco Systems's dividend growth over the last five years (2018-2023) was 3.90% year
• Cisco Systems's dividend growth over the last ten years (2013-2023) was 11.76% year
Cisco Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-02 | $0.40 | quarterly | 2024-10-23 |
2024-07-05 | $0.40 | quarterly | 2024-07-24 |
2024-04-03 | $0.40 | quarterly | 2024-04-24 |
2024-01-03 | $0.39 | quarterly | 2024-01-24 |
2023-10-03 | $0.39 | quarterly | 2023-10-25 |
2023-07-05 | $0.39 | quarterly | 2023-07-26 |
2023-04-04 | $0.39 | quarterly | 2023-04-26 |
2023-01-04 | $0.38 | quarterly | 2023-01-25 |
2022-10-04 | $0.38 | quarterly | 2022-10-26 |
2022-07-05 | $0.38 | quarterly | 2022-07-27 |
2022-04-05 | $0.38 | quarterly | 2022-04-27 |
2022-01-04 | $0.37 | quarterly | 2022-01-26 |
2021-10-04 | $0.37 | quarterly | 2021-10-27 |
2021-07-02 | $0.37 | quarterly | 2021-07-28 |
2021-04-05 | $0.37 | quarterly | 2021-04-28 |
2021-01-04 | $0.36 | quarterly | 2021-01-20 |
2020-10-01 | $0.36 | quarterly | 2020-10-21 |
2020-07-02 | $0.36 | quarterly | 2020-07-22 |
2020-04-02 | $0.36 | quarterly | 2020-04-22 |
2020-01-02 | $0.35 | quarterly | 2020-01-22 |
2019-10-03 | $0.35 | quarterly | 2019-10-23 |
2019-07-03 | $0.35 | quarterly | 2019-07-24 |
2019-04-04 | $0.35 | quarterly | 2019-04-24 |
2019-01-03 | $0.33 | quarterly | 2019-01-23 |
2018-10-04 | $0.33 | quarterly | 2018-10-24 |
2018-07-05 | $0.33 | quarterly | 2018-07-25 |
2018-04-04 | $0.33 | quarterly | 2018-04-25 |
2018-01-04 | $0.29 | quarterly | 2018-01-24 |
2017-10-04 | $0.29 | quarterly | 2017-10-25 |
2017-07-05 | $0.29 | quarterly | 2017-07-26 |
2017-04-04 | $0.29 | quarterly | 2017-04-26 |
2017-01-04 | $0.26 | quarterly | 2017-01-25 |
2016-10-03 | $0.26 | quarterly | 2016-10-26 |
2016-07-05 | $0.26 | quarterly | 2016-07-27 |
2016-04-04 | $0.26 | quarterly | 2016-04-27 |
2016-01-04 | $0.21 | quarterly | 2016-01-20 |
2015-10-01 | $0.21 | quarterly | 2015-10-21 |
2015-07-01 | $0.21 | quarterly | 2015-07-22 |
2015-03-31 | $0.21 | quarterly | 2015-04-22 |
2015-01-02 | $0.19 | quarterly | 2015-01-21 |
2014-09-30 | $0.19 | quarterly | 2014-10-22 |
2014-07-02 | $0.19 | quarterly | 2014-07-23 |
2014-04-01 | $0.19 | quarterly | 2014-04-23 |
2014-01-02 | $0.17 | quarterly | 2014-01-22 |
2013-10-01 | $0.17 | quarterly | 2013-10-23 |
2013-07-01 | $0.17 | quarterly | 2013-07-24 |
2013-04-04 | $0.17 | quarterly | 2013-04-24 |
Cisco Systems Dividend per year
Cisco Systems Dividend growth
Cisco Systems Dividend Yield
Cisco Systems current trailing twelve-month (TTM) dividend yield is 2.71%. Interested in purchasing Cisco Systems stock? Use our calculator to estimate your expected dividend yield:
Cisco Systems Financial Ratios
Cisco Systems Dividend FAQ
Other factors to consider when evaluating Cisco Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cisco Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cisco Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cisco Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cisco Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cisco Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cisco Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cisco Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cisco Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cisco Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.