Cisco Systems (XSWX:CSCO) Dividend Payout Ratio: 0.40 (As of Apr. 2026) — Near Median


XSWX:CSCO Cisco Systems Inc XSWX:CSCO
83 GF Score
Price CHF93.27
GF Value CHF55.99
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Cisco Systems Dividend Payout Ratio?

Cisco Systems XSWX:CSCO -3.87% 83 Dividend Payout Ratio is 0.40 as of Apr. 2026, which is 9% below its 10-year median of 0.44. GuruFocus rates XSWX:CSCO with a GF Score™ of 83/100 and a GF Value™ of CHF55.99 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,211 Hardware companies, Cisco Systems ranks better than 55.33% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cisco Systems's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.40.

The historical rank and industry rank for Cisco Systems's Dividend Payout Ratio or its related term are showing as below:

XSWX:CSCO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.44   Max: 0.48
Current: 0.11


During the past 13 years, the highest Dividend Payout Ratio of Cisco Systems was 0.48. The lowest was 0.11. And the median was 0.44.

XSWX:CSCO's Dividend Payout Ratio is ranked better than
55.33% of 1211 companies
in the Hardware industry
Industry Median: 0.47 vs XSWX:CSCO: 0.11

As of today (2026-06-27), the Dividend Yield % of Cisco Systems is 0.34%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cisco Systems was 3.96%. The lowest was 0.34%. And the median was 2.93%.

Cisco Systems's Dividends per Share for the months ended in Apr. 2026 was CHF0.33.

During the past 12 months, Cisco Systems's average Dividends Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cisco Systems was 81.70% per year. The lowest was 2.60% per year. And the median was 11.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Cisco Systems (XSWX:CSCO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Cisco Systems Dividend Payout Ratio Related Terms


Cisco Systems Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Cisco Systems's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cisco Systems Dividend Payout Ratio Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.45 0.36 0.00 0.00

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.40

XSWX:CSCO vs CIEN, MSI, LITE: Dividend Payout Ratio Comparison

For the Communication Equipment subindustry, Cisco Systems's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cisco Systems Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cisco Systems's Dividend Payout Ratio falls into.


XSWX:CSCO
83GF Score
Cisco Systems Inc XSWX:CSCO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cisco Systems Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Cisco Systems's Dividend Payout Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2025 )/ EPS without NRI (A: Jul. 2025 )
=0/ 3.044
=0.00

Cisco Systems's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=0.331/ 0.835
=0.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.40 mean?
Cisco Systems (XSWX:CSCO) has a Dividend Payout Ratio of 0.40 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cisco Systems and its competitors. This is near median its historical median of 0.44. Over the past decade, Cisco Systems' Dividend Payout Ratio has ranged from 0.11 to 0.48. According to the industry distribution chart, Cisco Systems ranks #541 out of 1211 companies in the Hardware industry, placing it in the top 44.7%.
Is Cisco Systems' Dividend Payout Ratio too high?
Cisco Systems' current Dividend Payout Ratio of 0.40 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.48. The Hardware industry median Dividend Payout Ratio is 0.47. Cisco Systems' value of 0.40 is 14.9% below this industry median. Based on the distribution chart, Cisco Systems ranks #541 out of 1211 companies in the Hardware industry, which is above the industry midpoint. Overall, Cisco Systems has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' Dividend Payout Ratio compare to CIEN and MSI?
According to the Hardware industry distribution chart, Cisco Systems ranks #541 out of 1211 companies for Dividend Payout Ratio. This puts Cisco Systems in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Cisco Systems' value of 0.40 is 14.9% below this benchmark. Historically, Cisco Systems' own Dividend Payout Ratio has ranged from 0.11 to 0.48 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.47, Cisco Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,211 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cisco Systems's current Dividend Payout Ratio of 0.40 is 14.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cisco Systems and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cisco Systems's current Dividend Payout Ratio is 0.40, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Based on GuruFocus' analysis, Cisco Systems (XSWX:CSCO) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF55.99, compared to a current price of CHF93.27 — trading 66.6% above its estimated fair value. The current Dividend Payout Ratio is 0.40, which is near median its 10-year median of 0.44 and 14.9% below the Hardware industry median of 0.47. Cisco Systems' overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Cisco Systems (XSWX:CSCO), the current Dividend Payout Ratio is 0.40 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cisco Systems (XSWX:CSCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued. The current stock price of CHF93.27 is trading 66.6% above its estimated GF Value™ of CHF55.99. GuruFocus considers Cisco Systems to be Significantly Overvalued.

Key valuation signals for XSWX:CSCO:

  • Dividend Payout Ratio: 0.40 (near median its 10-year median of 0.44)
  • GF Value™: CHF55.99 vs. price of CHF93.27 (66.6% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 14.9% below the Hardware median (#541 of 1211)

No single metric tells the full story. See the XSWX:CSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cisco Systems Business Description

Address 170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
83GF Score

Get the complete analysis for XSWX:CSCO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF93.27
Price
CHF55.99
GF Value