Cisco declared a quarterly dividend of $.29 per share up from $.26 per share. This represents an 11.54% increase which is really solid!!
The ex-dividend date is April 4th and the pay date is April 26th.
Since I currently own 115.98 shares, my yearly dividends will increase by $13.92.
2017 Dividend raises
- OHI: 1.64% --- $3.20
- KMB: 5.43% --- $8.03
- GILD: 10.64% --- $10.49
- CSCO: 11.54% --- $13.92
Total yearly dividend increase is $35.64.
Awesome! CSCO is a solid tech company.
ReplyDeleteDG,
DeleteI agree. Maybe not Microsoft or Apple solid, but pretty damn strong!
MDP
I have 2291.516 shares, still underwater after 17 years. Just been reinvesting the dividend.
ReplyDeleteAnonymous,
DeleteYeah I bought some share of GE and INTC back in 2000 and those shares are still way off of their all time highs.
MDP
Nice! I just bought more last week.
ReplyDeleteCaptain,
DeleteCongrats on the purchase! The dividend raise was impressive.
MDP
Great post update! I tend to not follow dividend increases as much, but this definitely helps! Looks like I'll start a new position in KMB. Little hesitant on CSCO since it's sitting on near the 52-week high. But still time till the 4/4/17 div date, maybe we'll see a big dip.
ReplyDeleteMD,
DeleteI understand your hesitation about the high current price. look at a 20 year chart and you will see that CSCO is still about 50% off of its all time high. :-)
MDP
A solid increase! I might have to pick me up some of that. Sold my CSX and NSC and i'm looking for something a little cheaper.
ReplyDeleteADY,
DeleteGood hearing from you. If you see anything that looks good, let me know. I always appreciate your commentary!
MDP
That's a pretty significant dividend increase! If you're a holder you would have to be happy with that.
ReplyDeleteBHL,
DeleteSmiling for ear to ear!
MDP