Cisco Systems, Inc. to Issue Quarterly Dividend of $0.41 (NASDAQ:CSCO)

Cisco Systems, Inc. (NASDAQ:CSCO) announced a quarterly dividend on Wednesday, November 12th. Investors of record on Friday, January 2nd will be given a dividend of 0.41 per share by the network equipment provider on Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd.

Cisco Systems has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 13 years. Cisco Systems has a dividend payout ratio of 40.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Cisco Systems to earn $3.21 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 51.1%.

Cisco Systems Trading Up 4.4%

Shares of NASDAQ CSCO traded up $3.25 during midday trading on Thursday, hitting $77.21. The company’s stock had a trading volume of 21,462,472 shares, compared to its average volume of 20,808,291. Cisco Systems has a 12-month low of $52.11 and a 12-month high of $79.50. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a market cap of $304.26 billion, a P/E ratio of 29.33, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The business’s 50 day moving average is $69.46 and its two-hundred day moving average is $67.20.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts expect that Cisco Systems will post 3.04 EPS for the current year.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares in the company, valued at $10,766,689.20. The trade was a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 82,965 shares of company stock valued at $5,559,996. Company insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bare Financial Services Inc raised its stake in Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in shares of Cisco Systems during the 3rd quarter valued at approximately $25,000. Financial Connections Group Inc. grew its holdings in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems in the second quarter valued at about $28,000. Finally, Lowe Wealth Advisors LLC increased its position in Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Company Profile

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. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.