This Mega-Cap Tech Stock Increased Its Dividend 75%
by | Posted 8.18.2012 | Post Comment (No Comments)

Move over Intel (INTC) and Microssoft (MSFT). Two years ago this networking giant didn’t even pay a dividend. In April of this year, it increased its dividend 33%. Most investors would be satisifed with that increase, but the company wasn’t finished boosting its dividend in 2012.

August 14th Cisco Systems, Inc. (CSCO) increased its quarterly dividend 75% to $0.14 per share. The dividend is payable October 24, 2012 shareholders of record as of the close of business on October 4, 2012. The yield based on the new payout is 3.2%.

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