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Cisco Climbs on Q4 Earnings, Dividend Increase and $15 Billion Stock Buyback
Cisco beat earnings expectations by a penny and issued strong guidance for the current quarter.
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The San Jose, CA-based Action Alerts PLUS holding reported December quarter adjusted earnings of 73 cents per share, topping analyst estimates by a penny, while revenue of $12.4 billion was in line with Wall Street guidance.
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Separately, the company also announced that its board approved a $15 billion share buyback plan, and that it also increased its quarterly dividend by 6% to 35 cents per share, payable April 24 to shareholders of record on April 5.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: CSCOc1dl1704.png]](https://finviz.com/publish/021319/CSCOc1dl1704.png)
Cisco beat earnings expectations by a penny and issued strong guidance for the current quarter.
...
The San Jose, CA-based Action Alerts PLUS holding reported December quarter adjusted earnings of 73 cents per share, topping analyst estimates by a penny, while revenue of $12.4 billion was in line with Wall Street guidance.
...
Separately, the company also announced that its board approved a $15 billion share buyback plan, and that it also increased its quarterly dividend by 6% to 35 cents per share, payable April 24 to shareholders of record on April 5.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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