Cisco dividend history

Cisco's dividend was $1.66 a share in fiscal 2026, up 2.5% on the year before. That was 49.4% of net income. It has raised its dividend per share every year since fiscal 2011, as far back as our figures go.

Dividends, buybacks and capital spending

FY2026 Q4 TTM

Buybacks (TTM): $6.1B
Dividends (TTM): $6.6B
Returned to shareholders: 99%; of free cash flow
Buybacks, last 3 fiscal years: $17.9B
Diluted share count: −0.3%; year over year
Total shareholder yield: 3.2%; dividends 1.6% + buybacks 1.5% of market value
Dividend payout ratio: 49%; of net income paid out
R&D spending: 15.1%; of revenue
Days sales outstanding: 43 days; receivables vs revenue

Dividends by fiscal year

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cisco: dividends by fiscal year, annual
Fiscal year	2010Jul 2010	2011Jul 2011	2012Jul 2012	2013Jul 2013	2014Jul 2014	2015Jul 2015	2016Jul 2016	2017Jul 2017	2018Jul 2018	2019Jul 2019	2020Jul 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jul 2024	2025Jul 2025	2026Jul 2026
Dividend per share	—	$0.120	$0.280	$0.620	$0.720	$0.800	$0.940	$1.10	$1.24	$1.36	$1.42	$1.46	$1.50	$1.54	$1.58	$1.62	$1.66
Dividend per share growth	—	—	+133.3%	+121.4%	+16.1%	+11.1%	+17.5%	+17.0%	+12.7%	+9.7%	+4.4%	+2.8%	+2.7%	+2.7%	+2.6%	+2.5%	+2.5%
Dividends paid	—	0.7	1.5	3.3	3.8	4.1	4.8	5.5	6.0	6.0	6.0	6.2	6.2	6.3	6.4	6.4	6.6
Share buybacks	7.9	6.7	4.6	2.8	9.4	4.3	3.9	3.7	17.5	20.7	2.7	2.9	7.7	4.3	5.8	6.0	6.1
Dividends ÷ net income	—	10.1%	18.7%	33.2%	47.9%	45.5%	44.2%	57.4%	>999%	51.5%	53.6%	58.2%	52.7%	50.0%	61.9%	63.2%	49.4%
Dividends ÷ free cash flow	—	7.4%	14.5%	28.2%	34.0%	36.1%	38.2%	42.7%	46.5%	40.1%	41.0%	41.7%	48.8%	33.1%	62.5%	48.4%	51.3%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Cisco's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cisco.