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Cisco Systems Inc. (CSCO) News

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 February 16, 2017 - 12:49 PM EST
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New Highs For Cisco

New Highs For Cisco

Cisco (CSCO) reported second quarter results that beat estimates on Wednesday evening, and at the same time the company raised its dividend by 12%. Those were good news for dividend investors as well as for those seeking capital appreciation, and Cisco's shares reached new highs on Thursday:

Cisco's share price of $34 per share is the highest it has been over the last 15 years, only very early in the current century the company's share price has been higher, when Cisco's shares were in bubble territory during the dot.com boom.

Cisco's second quarter saw revenues

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Source: SeekingAlpha (February 16, 2017 - 12:49 PM EST)

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