Cisco Declares Quarterly Cash Dividend

Rhea-AI Summary

Cisco's Board of Directors has declared a quarterly cash dividend of $0.38 per common share, set for payment on January 25, 2023. This dividend will be distributed to all stockholders of record as of the close of business on January 5, 2023. The amount is consistent with the previous dividend paid on October 26, 2022. Future dividends will require Board approval.

Positive

• Quarterly cash dividend of $0.38 per share enhances shareholder returns.
• Consistent dividend demonstrates ongoing company confidence.

Negative

• None.

SAN JOSE, Calif., Dec. 7, 2022 /PRNewswire/ --

News Summary

• Cisco Board of Directors declares quarterly cash dividend
• $0.38 per common share to be paid on January 25, 2023, to all stockholders of record as of January 5, 2023
• Previous dividend of $0.38 per common share paid on October 26, 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 January 25, 2023, to all stockholders of record as of the close of business on January 5, 2023.

Cisco's previous quarterly dividend of $0.38 per common share was paid on October 26, 2022. Future dividends will be subject to Board approval.

About Cisco
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SOURCE Cisco Systems, Inc.

FAQ

What is the dividend amount declared by Cisco for January 2023?

Cisco declared a quarterly cash dividend of $0.38 per common share for January 2023.

When is the Cisco dividend payment date for January 2023?

The dividend payment date is January 25, 2023.

What is the record date for Cisco's January 2023 dividend?

The record date for Cisco's dividend is January 5, 2023.

Has Cisco's dividend amount changed recently?

No, Cisco's dividend amount remains at $0.38 per share, consistent with the previous quarter.