Cisco Declares Quarterly Cash Dividend

Rhea-AI Summary

Cisco announced a quarterly cash dividend of $0.36 per common share, payable on October 21, 2020, to shareholders on record as of the close of business on October 2, 2020. This dividend matches the previous quarterly payment made on July 22, 2020. The declaration reflects Cisco's commitment to returning capital to shareholders while remaining subject to future Board approval.

Positive

• Quarterly cash dividend of $0.36 per share indicates ongoing shareholder return strategy.

Negative

• None.

SAN JOSE, Calif., Sept. 9, 2020 /PRNewswire/ -- Cisco (NASDAQ: CSCO) announced that earlier today its Board of Directors declared a quarterly cash dividend of $0.36 per common share to be paid on October 21, 2020, to all shareholders of record as of the close of business on October 2, 2020.

Cisco's previous quarterly dividend of $0.36 per common share was paid on July 22, 2020. 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 Network 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.  

Press Contact:	Investor Relations Contact:
Robyn Jenkins-Blum	Carol Villazon
+1 408 930 8548	+1 408 527 6538
rojenkin@cisco.com	carolv@cisco.com

 

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SOURCE Cisco

FAQ

What is the dividend amount declared by Cisco?

Cisco declared a quarterly cash dividend of $0.36 per common share.

When is the dividend payment date for Cisco?

The dividend is scheduled to be paid on October 21, 2020.

When is the record date for Cisco's dividend?

The record date for the dividend is October 2, 2020.

What was the previous dividend amount paid by Cisco?

The previous quarterly dividend was also $0.36 per common share.

Are future dividends from Cisco guaranteed?

Future dividends are subject to Board approval.