Cisco Systems has been named one of the top socially responsible dividend stocks by Dividend channel, which means a stock with above average ” DividendRank ” statistics that include a strong yield of 3.2%, in addition to being recognized by leading asset managers as a socially responsible investment, through the analysis of social and environmental criteria. Environmental criteria include considerations such as the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of its use of energy and resources. The social criteria include elements such as human rights, child labor, corporate diversity and the impact of the company on society; for example, commercial activities related to weapons, gambling, tobacco and alcohol will be considered.
According to the ETF Finder to ETF channel, Cisco Systems is a member of both the iShares MSCI USA ESG Select ETF (SUSA), which represent 1.07% of the underlying positions of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF (DSI), where CSCO represents 1.07% of the fund’s underlying positions.
The annualized dividend paid by Cisco Systems is $ 1.44 / share, currently paid in quarterly installments, and its most recent ex-dividend date was 04/01/2021. Below is a chart of CSCO’s long-term dividend history, which the DividendRank report underlined as of key importance. In fact, studying the past of a company dividend history it can be of great help in judging whether the most recent dividend is likely to continue.
CSCO operates in the Manufacturing sector, among companies such as Qualcomm, Motorola Solutions and others Top Blue Chip Dividend Stocks.