Company: Cisco Systems Inc. (CSCO)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staffÑ25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally. -Morningstar.com-
Symbol: CSCO
Recent Price: $45.65
Dividends: $1.60
Yield: 3.51%
Sector: Technology
Industry: Communication Equipment
Address & Company Phone #: 170 West Tasman Drive San Jose CA 95134, 408-526-4000
Transfer Agent: Computershare 800-254-5194
Moody’s Rating: A1
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $58.19, $44.95