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

HP Inc. (NYSE:HPQ) declared a quarterly dividend on Tuesday, May 19th. Investors of record on Wednesday, June 10th will be paid a dividend of 0.30 per share by the computer maker on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, June 10th.

HP has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. HP has a dividend payout ratio of 32.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect HP to earn $2.90 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 41.4%.

HP Price Performance

Shares of HPQ stock opened at $20.97 on Wednesday. HP has a 12-month low of $17.56 and a 12-month high of $29.55. The firm has a market capitalization of $19.18 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 5.81 and a beta of 1.09. The business has a 50 day simple moving average of $19.68 and a 200 day simple moving average of $21.23.

HP (NYSE:HPQ) last issued its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The business had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. During the same period in the prior year, the company posted $0.74 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, equities analysts anticipate that HP will post 2.84 EPS for the current fiscal year.

HP Company Profile

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.