Cisco stock ends lower on ex-dividend day as investors look to jobs data, Fed and February earnings
NEW YORK, January 3, 2026, 14:48 ET — Market closed Cisco Systems Inc shares fell on Friday, closing down about 1.3% at $76.04. The move was amplified by the stock trading ex-dividend, meaning new buyers no longer qualify for the next quarterly payout. Stocks often drop by roughly the dividend amount on the ex-dividend date. MarketWatch That matters now because early-January positioning is colliding with shifting interest-rate expectations and a heavy macro calendar that can move tech valuations. On Saturday, Philadelphia Fed President Anna Paulson said further rate cuts “could be some way off,” keeping the policy rate in a