Notable News Alert to Watch: Cisco (NASDAQ:CSCO) released a quarterly dividend

Cisco (NASDAQ:CSCO) spotted trading -4.82% off 52-week high price. On the other end, the stock has been noted 36.02% away from the low price over the last 52-weeks. The stock changed 2.86% to recent value of $54.75. The stock transacted 22521864 shares during most recent day however it has an average volume of 20411.79K shares. The company has 4370M of outstanding shares and 4310.16M shares were floated in the market.

Cisco (NASDAQ:CSCO) reported that its Board of Directors recently announced a quarterly dividend of $0.35 per common share to be paid on July 24, 2019 to all shareholders of record as of the close of business on July 5, 2019.

Cisco’s previous quarterly dividend of $0.35 per common share was paid on April 24, 2019. Future dividends will be subject to Board approval.

Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984.

Its earnings per share (EPS) expected to touch remained 13.10% for this year while earning per share for the next 5-years is expected to reach at 9.88%. CSCO has a gross margin of 62.40% and an operating margin of 27.00% while its profit margin remained 25.80% for the last 12 months.

According to the most recent quarter its current ratio was 1.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.79% from the mean of 20 days, 0.01% from mean of 50 days SMA and performed 11.96% from mean of 200 days price. Company’s performance for the week was 2.95%, 0.29% for month and YTD performance remained 26.36%.

Peter Hamm

Peter Hamm is an author, journalist and CEO of the website. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves. As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. Peter observations and experience give him the insight to stock market patterns and the investor behaviors that create them. He reports about Earnings news category. Address: 3876 Levy Court, EASTON, Pennsylvania Email: Peter@newscontrol.info

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