Cisco Systems faces a large tax bill from the mandatory repatriation of foreign earnings.
The tech giant has one of the largest cash balances impacted by the tax law.
The current capital return plan is solid, but the net payout yield fails to impress.
One company flying under the radar of the mandatory tax repatriation of foreign earnings is Cisco Systems (CSCO). The market constantly focuses on the other tech giants like Apple (AAPL) and Microsoft (MSFT) or new tech companies, but Cisco Systems actually has one of the largest balances of cash stashed in international locations.