Cisco: A 10% Dividend Increase Could Be On the Way
- By Ben Reynolds
Published Jan. 22 by Bob Ciura
Cisco Systems (CSCO) has an impressive dividend yield of 3.6%. It's even more impressive considering Cisco is a tech stock.
It wasn't too long ago that the mere mention of Cisco paying a dividend to shareholders was almost considered sacrilege.
During the tech sector's heyday of the late 1990s, tech CEOs scoffed at the idea of paying dividends. Dividends were something utilities did, because they had no better use of capital.
Warning! GuruFocus has detected 5 Warning Sign with CSCO. Click here to check it out.
full Dividend Achievers List here.
