HP Inc. (HPQ) to Distribute Quarterly Dividend of $0.30 on October 7th

HP Inc. (NYSE:HPQ) announced a quarterly dividend on Monday, June 15th. Shareholders of record on Wednesday, September 9th will be paid 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 3.7%. The ex-dividend date of this dividend is Wednesday, September 9th.

HP has increased its dividend payment 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 32.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect HP to earn $3.07 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 39.1%.

HP Stock Up 0.1%

Shares of NYSE:HPQ opened at $32.66 on Monday. The business has a 50 day moving average price of $27.21 and a 200 day moving average price of $23.21. The company has a market cap of $29.45 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 1.70 and a beta of 1.18. HP has a twelve month low of $17.56 and a twelve month high of $32.78.

HP (NYSE:HPQ) last posted its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.17. The company had revenue of $15.68 billion for the quarter, compared to the consensus estimate of $14.44 billion. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The business’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Analysts anticipate that HP will post 3.23 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.