Is CSCO a dividend aristocrat?

What is Cisco’s dividend?

Cisco (NASDAQ: CSCO) announced that earlier today its Board of Directors declared a quarterly cash dividend of $0.37 per common share to be paid on October 27, 2021, to all stockholders of record as of the close of business on October 5, 2021.

Is Cisco a good stock to invest in?

Cisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.

Does Cisco stock pay dividends?

Cisco pays an annual forward dividend of $1.48 cents per share. The forward dividend per share is the most recent quarterly dividend paid. Multiplied by the 4 calendar quarters the company pays dividends each year.

Is Cisco a large cap stock?

So, it would be wise to scoop up the shares of fundamentally strong large-cap stocks amid this market volatility to ensure stable returns. Large-cap stocks Cisco Systems, Inc. (CSCO), Novo Nordisk A/S (NVO), HOYA Corporation (HOCPY), and Mettler-Toledo International Inc.

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How often does Cisco dividend?

dividend is expected to go ex in 25 days and to be paid in 1 month. The previous Cisco Systems, Inc. dividend was 37c and it went ex 2 months ago and it was paid 1 month ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 3.1.

Does Cisco have a drip?

And, does Cisco have a DRIP plan? Cisco does issue dividends.

Is Cisco a buy hold or sell?

Cisco Systems has received a consensus rating of Hold. The company’s average rating score is 2.45, and is based on 9 buy ratings, 11 hold ratings, and no sell ratings.

Who is Cisco’s biggest competitor?

Competitors and Alternatives to Cisco

  • Juniper Networks.
  • Huawei.
  • Arista Networks.
  • Dell Technologies.
  • VMware.
  • Extreme.
  • HPE (Aruba)

What is Cisco’s price target?

The 22 analysts offering 12-month price forecasts for Cisco Systems Inc have a median target of 62.05, with a high estimate of 73.00 and a low estimate of 54.00. The median estimate represents a +6.84% increase from the last price of 58.08.

Will Cisco raise its dividend in 2021?

Cisco Systems, Inc. (CSCO) will begin trading ex-dividend on October 04, 2021. A cash dividend payment of $0.37 per share is scheduled to be paid on October 27, 2021. Shareholders who purchased CSCO prior to the ex-dividend date are eligible for the cash dividend payment.

Is Cisco an aristocrat?

Admittedly, this still means Cisco is at least 16 years away from Dividend Aristocrat status. However, investors have plenty of reason to consider this a “pre-aristocrat” as the company remains in a strong position to maintain its annual payout growth. The company sports a payout ratio of just over 50%.

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Why is Cisco stock dropping?

Cisco’s stock price declined following its first-quarter earnings release. … The shift to more recurring revenue is expected to provide management and investors with increased visibility into Cisco’s future earnings and improve its profit margins over time.

Is Cisco a defensive stock?

This article originally appeared on Simply Wall St News. Cisco Systems’ ( NASDAQ:CSCO ) has joined the growing list of companies lowering guidance for the current quarter due to supply chain constraints. … However, Cisco’s underlying fundamentals make it a solid defensive stock which is now quite reasonably priced.

What does the company Cisco do?

Cisco Systems, Inc. is an American multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products.