Cisco Systems As of February 16, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
CSCO $1.48 2.8% 2.9% 6.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Communications Equipment 3.2% 10 7.3% Quarter 2011
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Cisco Systems hikes dividend by 2.8%

Cisco Systems Inc. (CSCO) will raise its quarterly dividend by 2.8 percent to 37 cents per share in 2021. This follows a dividend hike of 2.9 percent to $0.36 per share in the first quarter of 2020. This also marks the 10th consecutive year of dividend increases by the technology company.

The next dividend will be paid on April 28, 2021 to all shareholders of record as of the close of business on April 6, 2021. A new annual dividend rate of $1.48 per share yields 3.1% at a stock price of $47.29.

Cisco Systems, Inc. designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The company's business is organized into three geographic segments: Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific, Japan, and China (APJC). Cisco's products and technologies are grouped into the following categories Infrastructure Platforms, Applications, Security and Other Products.  In addition to its product offerings, Cisco provides a broad range of service offerings, including technical support services and advanced services. Increasingly, the company delivers its technologies through software and services. Customers include businesses of all sizes, public institutions, governments, and service providers. Cisco Systems was incorporated in California in December 1984, and is headquartered in San Jose, California. The company has paid a dividend every year since 2011.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Mar 04 WY 1.9% %
Mar 04 D 3.5% 0.0%
Mar 04 BAC 2.1% 0.0%
Mar 04 PEP 3.0% 0.0%
Mar 04 SEE 1.5% 0.0%
Mar 04 AJG 1.6% 6.7%
Mar 04 LIN 1.5% 0.0%
Mar 04 KMB 3.5% 6.5%
Mar 04 BLK 2.3% 13.8%
Mar 04 TT 1.6% 11.3%