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

HP Inc. (NYSE:HPQ) declared a quarterly dividend on Monday, June 15th. Shareholders of record on Wednesday, September 9th will be given a dividend of 0.30 per share by the computer maker on Wednesday, October 7th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Wednesday, September 9th.

HP has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 15 years. HP has a dividend payout ratio of 32.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect HP to earn $2.93 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 41.0%.

HP Stock Performance

HP stock opened at $24.29 on Wednesday. The firm has a market cap of $22.21 billion, a P/E ratio of 8.96, a P/E/G ratio of 4.15 and a beta of 1.17. The business’s fifty day moving average is $22.18 and its two-hundred day moving average is $21.27. HP has a 52 week low of $17.56 and a 52 week high of $29.65.

HP (NYSE:HPQ) last posted its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The company had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. On average, equities research analysts predict that HP will post 2.98 earnings per share for the current year.

About HP

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.