On 1/4/23, Cisco Systems, NetApp, and Helios Technologies will all trade ex-dividend for their respective upcoming dividends. Cisco Systems will pay its quarterly dividend of $0.38 on 1/25/23, NetApp, Inc. will pay its quarterly dividend of $0.50 on 1/25/23, and Helios Technologies Inc will pay its quarterly dividend of $0.09 on 1/20/23.
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As a percentage of CSCO’s recent stock price of $47.96, this dividend works out to approximately 0.79%, so look for shares of Cisco Systems to trade 0.79% lower — all else being equal — when CSCO shares open for trading on 1/4/23. Similarly, investors should look for NTAP to open 0.82% lower in price and for HLIO to open 0.16% lower, all else being equal.
Below are dividend history charts for CSCO, NTAP, and HLIO, showing historical dividends prior to the most recent ones declared.
Cisco Systems:
CSCO
NetApp:
NTAP
Helios Technologies:
HLIO
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.17% for Cisco Systems, 3.29% for NetApp and 0.66% for Helios Technologies.
In Tuesday trading, Cisco Systems shares are currently up about 0.7%, NetApp shares are up about 1.2%, and Helios Technologies shares are up about 0.5% on the day.
Source: https://www.forbes.com/sites/dividendchannel/2023/01/03/ex-dividend-reminder-cisco-systems-netapp-and-helios-technologies/