Cisco stock slips as CSCO turns ex-dividend; what investors are watching next
Cisco Systems shares fell about 1% to $76.23 in late morning trading Friday as the stock traded ex-dividend. The cash dividend of $0.41 per share is payable January 21. The S&P 500 was little changed, while the tech-heavy QQQ slipped 0.2%. Cisco’s next earnings report is expected February 11.