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Cisco Systems (CSCO) Up 2% After First Ever Dividend

March 18, 2011 8:42 AM EDT
Cisco Systems, Inc. (Nasdaq: CSCO) is up over 2 percent after announcing its first ever quarterly dividend of $0.06 per share, or an annual yield of 1.4 percent.

Shares of Cisco closed at $17 yesterday, nearly 52-week lows.


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