Dividend Increase – Cisco Systems, Inc. (CSCO)

Yesterday the board of directors of Cisco Systems, Inc. announced a dividend increase of from $ 0.26 to $ 0.29 per share that’s payable April 26, 2017 to holders of record April 6, 2017. This represents a 11.54% increase to regular quarterly dividends.  

With current price $ 32.82 (yesterday's close), this raise brings their dividend yield to 3.53%. 

Since I own 150 shares this will increase my yearly net dividends by $ 13.41.

That increase rises my YOC to 4.14% 

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You can follow the development of my dividends here.

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