HP Inc. (NYSE:HPQ) Announces Quarterly Dividend of $0.30

HP Inc. (NYSE:HPQ) announced a quarterly dividend on Wednesday, November 26th. Investors of record on Thursday, December 11th will be paid a dividend of 0.30 per share by the computer maker on Friday, January 2nd. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 3.7% increase from HP’s previous quarterly dividend of $0.29.

HP has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 15 years. HP has a payout ratio of 31.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect HP to earn $3.78 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 30.4%.

HP Stock Performance

Shares of HPQ stock traded down $0.49 during mid-day trading on Wednesday, hitting $23.83. 3,985,224 shares of the stock were exchanged, compared to its average volume of 9,247,925. The stock has a market capitalization of $22.27 billion, a price-to-earnings ratio of 8.70, a P/E/G ratio of 2.23 and a beta of 1.28. HP has a 12-month low of $21.21 and a 12-month high of $37.50. The stock’s fifty day simple moving average is $26.51 and its two-hundred day simple moving average is $26.39.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. On average, research analysts expect that HP will post 3.56 earnings per share for the current fiscal year.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 34,282 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the transaction, the chief executive officer owned 3 shares of the company’s stock, valued at $80.55. This represents a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. This represents a 99.08% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.38% of the company’s stock.

Institutional Trading of HP

Several institutional investors have recently added to or reduced their stakes in HPQ. CIBC Private Wealth Group LLC lifted its position in shares of HP by 0.9% during the third quarter. CIBC Private Wealth Group LLC now owns 50,952 shares of the computer maker’s stock worth $1,387,000 after purchasing an additional 470 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of HP in the 3rd quarter worth about $3,529,000. Achmea Investment Management B.V. boosted its holdings in shares of HP by 4.4% in the 3rd quarter. Achmea Investment Management B.V. now owns 799,355 shares of the computer maker’s stock valued at $21,767,000 after buying an additional 33,960 shares during the period. First Affirmative Financial Network acquired a new stake in HP during the third quarter worth about $230,000. Finally, Caerus Investment Advisors LLC bought a new position in HP in the third quarter worth about $377,000. 77.53% of the stock is owned by institutional investors and hedge funds.

About HP

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.