Cisco Shares Dip on Ex-Dividend Day Amid Macroeconomic Watch
Cisco Systems Inc. (CSCO) shares declined 1.3% to $76.04 as the stock traded ex-dividend, stripping new buyers of eligibility for its $0.41 quarterly payout. The drop exceeded typical dividend-date adjustments, reflecting broader market caution.
Investors are bracing for pivotal U.S. jobs data and CPI figures next week—reports that could recalibrate interest-rate expectations and tech-sector risk appetite. Cisco’s February earnings will scrutinize networking demand amid evolving macroeconomic conditions.