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

HP Inc. (NYSE:HPQ) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, March 11th will be paid a dividend of 0.30 per share by the computer maker on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Wednesday, March 11th.

HP has increased its dividend by an average of 0.1%annually over the last three years and has increased 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. Research analysts expect HP to earn $3.78 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 31.7%.

HP Stock Up 0.4%

Shares of NYSE HPQ traded up $0.08 during trading on Wednesday, reaching $19.45. 5,888,895 shares of the company traded hands, compared to its average volume of 16,880,707. HP has a 52-week low of $19.15 and a 52-week high of $35.28. The firm has a 50 day simple moving average of $22.81 and a 200-day simple moving average of $25.36. The stock has a market capitalization of $17.85 billion, a PE ratio of 7.34, a P/E/G ratio of 3.66 and a beta of 1.21.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, research analysts predict that HP will post 3.56 EPS for the current 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.