Cisco shells out first dividend

Cisco Systems has finally grown up and is starting to pay a quarterly dividend to shareholders. The networking giant has been a bigtime IT player for the past decade and a half, since the Internet buildout, of course, but its expansion into new enterprise products such as servers and consumer products like Flip digital cameras …

[Hayden Clark]

Grown-up company.

Cisco is no longer a start-up. Dividends are simply the norm, and not paying them up till now has just been the usual dot-com arrogance.

Hello Apple!