Co raises its quarterly dividend 75% to $0.14 (yield 3.2% at closing price). “Cisco has the financial strength and flexibility to effectively invest in our business, pursue strategic opportunities, such as acquisitions, as well as return a minimum of 50% of our free cash flow annually through dividends and share repurchases to our shareholders.”
One Response to $CSCO BEAT, BITCH
Sounds like the good old days of the late 1990′s. Back then CSCO would “beat” esitimates by 0.01 or 0.02 every quarter for about 4 years straight.
If’n they looked like they were going to miss, they would buy out another company to goose the numbers. GE is another one that loves to use that tactic.
Leave a Reply
You must be logged in to post a comment.