These 2 Tech Giants Just Declared Dividend Raises
From Nasdaq: 2025-02-20 05:45:00
In the latest earnings season, tech companies like Meta Platforms and Cisco Systems announced dividend increases, offering attractive payouts to investors. Meta Platforms raised its quarterly payout by 5% to nearly $0.53 per share, showing strong revenue and net income growth in its recent financial results.
On the other hand, Cisco Systems increased its quarterly dividend by nearly 3% to $0.41 per share. Despite facing some declines in key fundamentals, Cisco is focusing on expanding its business in the growing artificial intelligence sector.
Both companies are set to distribute their raised dividends to shareholders in the upcoming months, providing investors with potential income opportunities. Investors looking for solid dividend stocks in the tech sector may find Meta Platforms and Cisco Systems appealing choices.
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