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Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Obama campaign accuses Republicans of smear tactics over bin Laden, leaks 5:07pm EDT China demands Japan release activists over island protest | 4:13pm EDT Possible war with Iran could be month-long affair: Israel minister 9:15am EDT U.S. military tests hypersonic Waverider aircraft over Pacific 9:32am EDT Australian court approves tobacco pack logo ban | 3:47pm EDT Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Thanks for not smoking Government cigarette pack warnings from around the world. Slideshow Syria: Goran Tomasevic Photographer Goran Tomasevic documents the war being waged on Syrian streets. Slideshow Cisco raises dividend, 4th quarter results beat Street Tweet Share this Email Print Related News Instant View: Cisco ramps up dividend after results beat 4:38pm EDT Analysis & Opinion Deutsche Bank’s profit miss isn’t temporary hiccup Goldman’s pay-earnings balancing act looks wobbly Related Topics Tech » Media » The Cisco logo is displayed at the technology company's campus in San Jose, California February 3, 2010. Credit: Reuters/Robert Galbraith Wed Aug 15, 2012 4:59pm EDT (Reuters) - Cisco Systems Inc raised its dividend by 75 percent as the network equipment maker posted quarterly revenue and earnings that beat estimates, thanks to cost savings and an ongoing restructuring program. Fourth-quarter net income, excluding items, was $2.5 billion or 47 cents per share, compared with analysts' average estimate of 45 cents a share as compiled by Thomson Reuters I/B/E/S. Revenue rose 4 percent from the year-ago quarter to $11.7 billion, compared with a Street view of $11.61 billion. The dividend will rise to 14 cents per share in the first quarter of fiscal 2013, the company said on Wednesday. The San-Jose, California-based company had spooked investors three months ago, when Chief Executive John Chambers cautioned that macroeconomic conditions in Europe could hurt technology spending. Chambers told TV news channel CNBC on Wednesday that Europe was still challenging and that it was "going to get tougher before it gets better." JMP Securities analyst Erik Suppiger said that while investors are happy that the spending cuts are boosting Cisco's profits, revenue growth is essential to the networking giant's long-term success. "Ultimately the company needs to generate some acceleration in revenue growth," Suppiger said. He added that it remains to be seen whether Chambers can get revenues growing again if he continues to cut spending, particularly sales and marketing. Cisco kicked of a major restructuring program last year that included plans to slash about 15 percent of its work force and cut expenses by about $1 billion. Last month it announced it would cut another 1,300 jobs across the company. Cisco shares rose to $18.22 after closing up 1 percent at $17.35 on Nasdaq. (Reporting By Nicola Leske; Additional reporting by Jim Finkle; Editing by Richard Chang) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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