Cisco to pay first cash dividend; shares rise (Reuters)
Friday, March 18, 2011 6:01 AM By dwi
NEW YORK (Reuters) – Cisco Systems Inc (CSCO.O) said it module clear a change dividend to shareholders for the prototypal time, sending its shares up more than 2 proportionality on Friday.
Cisco module clear a quarterly dividend of 6 cents per common deal on Apr 20, Cisco said in a statement.
Cisco shares chromatic most 2.2 proportionality to $17.37 in premarket trading on the Nasdaq.
(Reporting by Liana B. Baker; redaction by Evangelist Wallace)
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