Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.
This week my latest portfolio seeks a high-yield and growing stock in the technology sector. That sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological enterprises.
Today I’m reviewing a communication equipment firm. It’s a large-cap stock with a market capitalization of over $10 billion. Its name is Cisco Systems, Inc. Its trading ticker symbol is CSCO.
Cisco Systems Inc is a supplier of data networking equipment and software. Its products include routers, switches, access equipment, and security and network management software which allow data communication among dispersed computer networks.
Cisco Systems serves businesses of various sizes, public institutions, governments, and service providers.
The company sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors.
The company was founded in 1984 and is headquartered in San Jose, California.
I use three key data points gauge the value of any dividend equity or fund like Cisco Systems (CSCO):
(1) Price
(2) Dividends
(3) Returns
CSCO Price
Cisco Systems’s price was $43 per share at Friday’s market close. A year ago its price was $32.42 for a gain of $10.58 per share.
Assuming Cisco Systems’s price will trade between the range of $32 to $60 next year, its price could grow another $10.58 from $43 to $53.28 by April, 2019.
CSCO Dividends
Cisco Systems’s most recent quarterly dividend was $0.33 declared in February, to be paid April 25. Four payouts of $0.33 peg the annual amount at $1.32 for a yield of 3% at Friday’s $43.00 share price.
