Cisco Systems, Inc. to Issue Quarterly Dividend of $0.42 (NASDAQ:CSCO)

Cisco Systems, Inc. (NASDAQ:CSCO) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Monday, July 6th will be paid a dividend of 0.42 per share by the network equipment provider on Wednesday, July 22nd. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, July 6th.

Cisco Systems has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Cisco Systems has a dividend payout ratio of 41.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Cisco Systems to earn $3.71 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 45.3%.

Cisco Systems Trading Up 2.6%

Shares of Cisco Systems stock opened at $101.87 on Thursday. The company’s 50-day moving average price is $83.93 and its 200-day moving average price is $79.36. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Cisco Systems has a 12-month low of $60.85 and a 12-month high of $102.01. The company has a market cap of $402.38 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 3.73 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. Cisco Systems’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, equities analysts expect that Cisco Systems will post 3.42 earnings per share for the current fiscal year.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.