HP Inc. (NYSE:HPQ) Announces Dividend Increase – $0.30 Per Share

HP Inc. (NYSE:HPQ) announced a quarterly dividend on Wednesday, November 26th. Shareholders of record on Thursday, December 11th will be given 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 is Thursday, December 11th. This is a 3.7% increase from HP’s previous quarterly dividend of $0.29.

HP has raised its dividend by an average of 0.1%per year 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% meaning its dividend is sufficiently covered by earnings. Equities research 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 Trading Down 1.5%

Shares of NYSE HPQ opened at $23.97 on Thursday. The company has a market capitalization of $22.40 billion, a P/E ratio of 8.75, 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 has a 50 day moving average of $26.43 and a 200-day moving average of $26.38.

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

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.