Cisco Systems (NASDAQ: CSCO) declared a quarterly dividend of $0.41 per share, or $1.64 annualized. This is a 2.5% increase from the prior dividend of $0.40.

The dividend will be payable on April 23, 2025, to stockholders of record on April 3, 2025, with an ex-dividend date of April 2, 2025.

The annual yield on the dividend is 2.6 percent.

Cisco Increases Quarterly Dividend; Stock Repurchase Program Authorization Increased

Cisco has declared a quarterly dividend of $0.41 per common share, a 1-cent increase or up 3% over the previous quarter's dividend, to be paid on April 23, 2025, to all stockholders of record as of the close of business on April 3, 2025. Future dividends will be subject to Board approval.

Cisco's board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. There is no fixed termination date for the repurchase program. The remaining authorized fixed amount for stock repurchases including the additional authorization is approximately $17 billion.

For a dividend history and other dividend-related data on Cisco Systems (CSCO) click here.