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Cisco Systems, Inc. (NASDAQ:CSCO) is included among the 12 Best Dividend Paying Stocks to Buy Now.

Dividend Paying Stocks With Consistency: What Sets Cisco Systems (CSCO) Apart

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Cisco Systems, Inc. (NASDAQ:CSCO) develops and markets networking gear, security solutions, collaboration platforms, and observability tools. Its offerings focus on enabling connectivity, protecting networks, and delivering actionable data insights, available through hardware, software, or subscription services. The company’s customers include telecom providers, large corporations, and government entities around the globe.

Over the years, Cisco Systems, Inc. (NASDAQ:CSCO) has strengthened its portfolio through major acquisitions such as ThousandEyes, Acacia Communications, and Splunk. Looking ahead, it stands to gain from rising infrastructure investments as organizations modernize their networks to support the growing demands of AI-driven applications.

In addition, Cisco Systems, Inc. (NASDAQ:CSCO) is a solid dividend company. It has been rewarding shareholders with growing dividends for the past 18 consecutive years, which makes it one of the best dividend paying stocks. The company’s quarterly dividend comes in at $0.41 per share and has a dividend yield of 2.41%, as of September 19.

While we acknowledge the potential of CSCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CSCO and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.