CIEN Dividend History - Ciena

Currently (December 2024) Ciena Corp does not pay a dividend.

As of December 2024, Ciena (CIEN) does not pay a dividend.
Top Dividend Payers in Communications Equipment
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
CIEN 13,002m - -
ET 657m 4.87% 6.99%
EVS 406m 3.55% 6.35%
ITRN 624m 3.92% 5.42%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
CIEN 13,002m - -
MSI 78,537m 9.03% 58.3%
AUDC 269m 9.37% 66.9%
UI 21,118m 16.9% 44.3%

CIEN Dividend History

No dividends paid yet.

CIEN Dividend History - FAQ

What is the Dividend Yield of CIEN?

As of December 2024 CIEN`s Dividend Yield is 0.00%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of by the current stock price of 87.38.

What is the long-term Dividend Growth Rate of CIEN?

In the last 5 Years the Average Dividend Growth Rate was % per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does CIEN pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) CIEN paid 0 times a dividend.

What is the Yield on Cost of CIEN?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased Ciena five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (42.36).

What is the Payout Consistency of CIEN?

CIEN has a Payout Consistency of 0.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of CIEN?

The Overall Dividend Rating of 0.00 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does CIEN have a good Dividend Yield?

CIEN`s 0.00% Dividend Yield is considered as: unknown.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for CIEN?

The next Dividend Date for CIEN is unknown.

What is the Dividend Payout Ratio of CIEN?

The Dividend Payout Ratio of CIEN is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: CIEN Outstanding Shares

What is the Trend of CIEN`s Outstanding Shares?

The Outstanding Shares of Ciena are shrinking at a rate of -1.39% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -90.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Ciena ever had a Stock Split?

Yes, last Stock Split was on 2006-09-25 with a factor of 1:7. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.14.
Year Number of Shares (Mill.) Growth Rate
1997 28428600
1998 32857100 +15.58%
1999 39466400 +20.12%
2000 41012400 +3.92%
2001 46816900 +14.15%
2002 61814500 +32.03%
2003 67582400 +9.33%
2004 81677800 +20.86%
2005 82992200 +1.61%
2006 84953000 +2.36%
2007 86910000 +2.3%
2008 90620000 +4.27%
2009 92321000 +1.88%
2010 94496000 +2.36%
2011 98066000 +3.78%
2012 100506000 +2.49%
2013 103523000 +3%
2014 106931000 +3.29%
2015 134097000 +25.41%
2016 165298000 +23.27%
2017 158791000 -3.94%
2018 157745000 -0.66%
2019 156612000 -0.72%
2020 156563000 -0.03%
2021 156689000 +0.08%
2022 149111000 -4.84%
2023 147891000 -0.82%
2024 146000000 -1.28%