Cisco Increases Dividend

I must've have missed this announcement during long Easter Weekend (Cisco Increases Quarterly Cash Dividend to $0.17 per Common Share).  That is real money for me.  That is a 21% increase and takes my annual dividend (using my secret factor) from $2,400 a year to $2,900 per year!

I guess I am surprised they would issue that positive news on a holiday weekend.  That is the third time they have increased divvy since I owned them.  33% increase in February 2012, then 75% in August 2012.

Sweet!