Cisco's (NASDAQ: CSCO) struggles aren't over yet. The networking giant saw its revenue shrink by 8% last quarter, and management sees the sales weakness persisting into this year. However, shareholders also got a bit of good news in Cisco's quarterly report: The company boosted its dividend by 12% to an annual pace of more than $1 billion.
Demitrios Kalogeropoulos argues that, as impressive as it sounds, that dividend boost isn't enough to keep Cisco's payout on pace with other Dow giants like General Electric (NYSE: GE) and IBM (NYSE: IBM), which dedicated significantly more cash last year toward dividend payments. Cisco's payout ratio also lags the overall market and could stand to rise closer to GE's 55%, he says, which could happen through a scaling-back of Cisco's aggressive spending on share repurchases.
Source: Motley Fool
Related Articles:
- First Quarter 2013: Top And Bottom Performing Dividend Stocks
- A Disciplined Approach To Dividend Stocks
- 6 High-Yield REITs With Growing Dividends
- International Diversification May Be Closer than You Think
- 10 Dividend Stocks With A 10% Yield In 10 Years
Dividend Growth Stocks News
- Top Asian Dividend Stocks To Consider In May 2025 - Yahoo Finance - 5/16/2025
- 3 Blue-Chip Dividend Stocks Every Canadian Should Own - MSN - 5/15/2025
- 2 Tech Dividend Stocks to Buy and Hold Forever - AOL.com - 5/15/2025
- Top 5 FTSE 100 Dividend Stocks To Watch In 2025 - ig.com - 5/15/2025
- Top European Dividend Stocks To Consider In May 2025 - Yahoo Finance - 5/6/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
- General Dynamics (GD) Dividend Stock Analysis - 4/11/2025
Cisco's Dividend Boost Isn't Enough
Posted by D4L | Wednesday, March 12, 2014 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.