Feb. 16, 1990
On Feb. 16, 1990, the company held its initial public offering (IPO). Cisco’s IPO is considered one of the greatest of all time because of the company’s explosive growth in subsequent years. 1 It was the top company on Forbes’ list of best-performing IPOs during the 1990s.
What was Cisco highest stock price?
The latest closing stock price for Cisco as of August 13, 2021 is 56.47.
- The all-time high Cisco stock closing price was 80.06 on March 27, 2000.
- The Cisco 52-week high stock price is 56.62, which is 0.3% above the current share price.
Did Cisco have a stock split?
Cisco Systems (CSCO) has 9 splits in our Cisco Systems stock split history database. The first split for CSCO took place on March 18, 1991….
| CSCO Split History Table | |
|---|---|
| Date | Ratio |
| 03/23/1992 | 2 for 1 |
| 03/22/1993 | 2 for 1 |
| 03/21/1994 | 2 for 1 |
Is Cisco old?
Cisco was officially incorporated on December 10, 1984 in California and went public on February 16, 1990. NASDAQ NM: CSCO (Common Stock). Chuck Robbins is the Chief Executive Officer of Cisco with the Q4 FY’16 Employee Count being 73,711 and the company’s Revenue being $12.6 Billion at the end of FY’16.
Is Cisco a good dividend stock?
Last year, in total, the company distributed US$1.48 to shareholders. Last year’s total dividend payments show that Cisco Systems has a trailing yield of 2.8% on the current share price of $53.06. It distributed 44% of its free cash flow as dividends, a comfortable payout level for most companies.
How many times has CSCO split?
Cisco Systems (CSCO) has 9 splits in our CSCO split history database.
What was the value of the Cisco IPO?
It was the top company on Forbes’ list of best-performing IPOs during the 1990s. If you had invested $1,000 during Cisco’s IPO, you would have received 55.55 shares. Adjusted for stock splits, today you would hold 15,998.4 shares, and your investment would be worth $567,965 as of market close on March 17, 2020.
How much money did Cisco make when it went public?
Cisco made plenty of tech investors a lot of money. For every IPO share, initial investors in Cisco ended up with 288 shares in early 2000 worth $72 a piece, turning $18 into more than $20,000. Image source: Cisco Systems.
What was the stock price when Cisco split?
The following year, the stock had climbed to nearly $80 per share before its next move, and Cisco shares routinely traded roughly in the $80 to $90 range at the time that the company made subsequent splits.
What was the stock price of Cisco in 1990?
On its first day of trading in 1990, Cisco’s shares rose 24%. The unprecedented gains didn’t end for another 10 years. The dot-com bubble, also known as the Internet bubble, was a huge period of speculation in Internet and Internet-related companies from 1997 to 2000.
