5 Growth Stocks with Decent Dividend Yields

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In this article, we discuss the 5 growth stocks with decent dividend yields. If you want to read our detailed analysis of these stocks, go directly to the 10 Growth Stocks with Decent Dividend Yields.

5. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Hedge Fund Holders: 60    

Forward Dividend Yield: 2.59%   

Cisco Systems, Inc. (NASDAQ:CSCO) makes and sells internet networking products. MKM Partners analyst Fahad Najam recently maintained a Buy rating on the stock and raised the price target to $69 from $60, backing the firm to beat estimates on growth and revenue in the coming months. In September, the firm declared a quarterly dividend of $0.37 per share, in line with previous. 

Chuck Robbins , the CEO of Cisco Systems, Inc. (NASDAQ:CSCO), recently said that the company will rebuild around next-gen technology solutions like the cloud, slowly transitioning to a software-as-a-service firm on the lines of Microsoft Corporation. 

At the end of the second quarter of 2021, 60 hedge funds in the database of Insider Monkey held stakes worth $4.2 billion in Cisco Systems, Inc. (NASDAQ:CSCO), up from 59 in the previous quarter worth $5.1 billion.

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