Category: Markets
Published: 2026-07-16T12:19:38.000Z
Cisco Systems returned $2.9 billion to shareholders in Q3 2026, comprising $1.7 billion in dividends and $1.3 billion in buybacks, with $9.6 billion still authorized for repurchases. The quarterly dividend increased to $0.42, and the payout ratio decreased to 49%, reflecting strong earnings growth. TIKR's model projects a target price of $119 by July 2030, suggesting a modest 2% annualized return from the current $112 share price, positioning Cisco as a stable rather than explosive growth investment.
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