Cisco Declares Quarterly Cash Dividend

Rhea-AI Summary

Cisco has declared a quarterly cash dividend of $0.38 per common share, set to be paid on October 26, 2022. Shareholders of record as of October 5, 2022 will receive this dividend. This follows a previous dividend of $0.38 paid on July 27, 2022. Future dividends will require Board approval.

Positive

• Quarterly cash dividend of $0.38 indicates ongoing shareholder returns.

Negative

• Future dividends are subject to Board approval, adding uncertainty.

SAN JOSE, Calif., Aug. 23, 2022 /PRNewswire/ --

News Summary

• Cisco Board of Directors declares quarterly cash dividend
• $0.38 per common share to be paid on October 26, 2022, to all stockholders of record as of October 5, 2022
• Previous dividend of $0.38 per common share paid on July 27, 2022

Cisco (NASDAQ: CSCO) announced that earlier today its Board of Directors declared a quarterly cash dividend of $0.38 per common share to be paid on October 26, 2022, to all stockholders of record as of the close of business on October 5, 2022.

Cisco's previous quarterly dividend of $0.38 per common share was paid on July 27, 2022. Future dividends will be subject to Board approval.

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Newsroom and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. To view a list of Cisco trademarks, go to: www.cisco.com/go/trademarks. Third-party trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

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SOURCE Cisco Systems, Inc.

FAQ

What is the upcoming dividend amount for CSCO?

Cisco's upcoming dividend amount is $0.38 per share.

What is the payment date for Cisco's dividend?

The payment date for Cisco's dividend is October 26, 2022.

When is the record date for Cisco's upcoming dividend?

The record date for Cisco's upcoming dividend is October 5, 2022.

What was Cisco's previous dividend amount?

Cisco's previous dividend amount was also $0.38 per share.

Are Cisco's future dividends guaranteed?

No, future dividends are subject to Board approval.