Looking at the universe of stocks we cover at Dividend Channel, on 4/5/22, Cisco Systems Inc (Symbol: CSCO) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 4/27/22. As a percentage of CSCO's recent stock price of $56.05, this dividend works out to approximately 0.68%, so look for shares of Cisco Systems Inc to trade 0.68% lower — all else being equal — when CSCO shares open for trading on 4/5/22.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CSCO is likely to continue, and whether the current estimated yield of 2.71% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CSCO shares, versus its 200 day moving average:
Looking at the chart above, CSCO's low point in its 52 week range is $50.10 per share, with $64.285 as the 52 week high point — that compares with a last trade of $56.10.
Free Report: Top 7%+ Dividends (paid monthly)
In Friday trading, Cisco Systems Inc shares are currently up about 0.5% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
