Cisco Systems recently increased its quarterly dividend by 2.56%, from 39 cents to 40 cents per share. The dividend will be paid on April 24 to shareholders of record on April 4.
Cisco Systems (CSCO) recently increased its quarterly dividend by 2.56%, from 39 cents to 40 cents per share. The dividend will be paid on April 24 to shareholders of record on April 4. The ex-dividend date is April 4.
Cisco's contribution to my projected annual dividend income will increase by $12 to $480.
I own 300 shares of CSCO at an average cost basis of $41.45 per share. Following this increase, my yield on cost is 3.86%. (CSCO's forward yield is 3.30% at $48.44 per share).
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