HP Inc. (HPQ) To Go Ex-Dividend on June 10th

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

HP has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 15 consecutive years. HP has a 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 Stock Up 0.4%

HPQ stock opened at $21.04 on Thursday. HP has a 52-week low of $17.56 and a 52-week high of $29.55. The stock’s 50 day moving average is $19.72 and its two-hundred day moving average is $21.19. The company has a market capitalization of $19.25 billion, a PE ratio of 7.97, a P/E/G ratio of 5.82 and a beta of 1.09.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, beating 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 the consensus estimate of $13.87 billion. During the same period in the previous year, the business earned $0.74 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, sell-side analysts anticipate that HP will post 2.84 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in HPQ. Auxano Advisors LLC lifted its holdings in shares of HP by 4.4% in the third quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock valued at $252,000 after buying an additional 391 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of HP by 3.3% in the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after buying an additional 398 shares during the period. Vident Advisory LLC lifted its holdings in shares of HP by 0.6% in the second quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock valued at $1,702,000 after buying an additional 444 shares during the period. Personal CFO Solutions LLC lifted its holdings in shares of HP by 2.2% in the third quarter. Personal CFO Solutions LLC now owns 21,492 shares of the computer maker’s stock valued at $585,000 after buying an additional 459 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of HP by 0.9% in the third quarter. CIBC Private Wealth Group LLC now owns 50,952 shares of the computer maker’s stock valued at $1,387,000 after buying an additional 470 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

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.