CIEN Stock — Ciena Corp.

Ciena Corp. (CIEN)

CIEN is a low-cost Stock. Fund total return is 192.2% over the past 29.6 years, 1319.3 points behind SPY at 1511.5%.

Ciena Corporation is a network technology company that designs and sells optical networking, routing, and switching hardware, software, and services to network operators globally. The company operates through four segments: Networking Platforms (its core optical and routing products), Platform Software and Services (network control and management tools), Blue Planet Automation Software and Services (orchestration and analytics), and Global Services (implementation and support). Ciena's distribution profile is not currently known.

CIEN performance versus SPY

Data as of August 28, 2026.

Fund total return is 192.2% over the past 29.6 years, 1319.3 points behind SPY at 1511.5%. Its deepest 1-year drawdown was 47.3%.

CIEN key facts

Data as of August 28, 2026.

Asset type

Stock

Asset class

Equity

Inception date

02/07/1997

Distribution frequency

None

Last close

$378.44

Market cap

$57,191,628,800

Average volume

1316442.0

Beta

1.315

Payout ratio

0.0

P/E ratio

135.5805

Forward P/E

46.9484

EPS

$2.98

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CIEN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 47.3%.

Who may consider CIEN — and who may not

CIEN may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (CIEN does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions