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Cisco Declares Quarterly Cash Dividend

Cisco's Board of Directors has declared a quarterly cash dividend of $0.38 per common share, scheduled for payment on July 27, 2022.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Cisco's Board of Directors has declared a quarterly cash dividend of $0.38 per common share, scheduled for payment on July 27, 2022. This dividend will benefit stockholders of record as of July 6, 2022. The upcoming dividend is consistent with the previous dividend amount, reflecting Cisco's commitment to returning income to shareholders. It serves as a positive indicator of the company's financial health and shareholder confidence.

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Positive

  • Quarterly cash dividend of $0.38 per share reflects financial stability.
  • Dividend payment scheduled on July 27, 2022, supports shareholder income.

Negative

  • None.
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News Summary

  • Cisco Board of Directors declares quarterly cash dividend
  • $0.38 per common share to be paid on July 27, 2022 to all stockholders of record as of July 6, 2022
  • Previous dividend of $0.38 per common share paid on April 27, 2022

SAN JOSE, Calif., June 6, 2022 /PRNewswire/ -- 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 July 27, 2022, to all stockholders of record as of the close of business on July 6, 2022.

Cisco's previous quarterly dividend of $0.38 per common share was paid on April 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 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. This document is Cisco Public Information.

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SOURCE Cisco Systems, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of Cisco's dividend for July 2022?

Cisco's dividend for July 2022 is $0.38 per common share.

When will Cisco's dividend be paid in 2022?

Cisco's dividend will be paid on July 27, 2022.

What is the record date for Cisco's dividend?

The record date for Cisco's dividend is July 6, 2022.

What was Cisco's previous dividend amount?

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

How often does Cisco pay dividends?

Cisco pays dividends quarterly.

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