HP Inc. (NYSE:HPQ) Announces $0.29 Quarterly Dividend

HP Inc. (NYSE:HPQ) declared a quarterly dividend on Tuesday, June 10th, RTT News reports. Stockholders of record on Wednesday, September 10th will be paid a dividend of 0.2894 per share by the computer maker on Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, September 10th.

HP has a payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect HP to earn $3.78 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 30.7%.

HP Stock Performance

Shares of NYSE HPQ opened at $29.33 on Monday. HP has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The firm has a market capitalization of $27.42 billion, a PE ratio of 10.70, a price-to-earnings-growth ratio of 2.36 and a beta of 1.29. The stock’s 50-day simple moving average is $26.20 and its 200-day simple moving average is $26.54.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. The company had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, sell-side analysts forecast that HP will post 3.56 earnings per share for the current fiscal year.

HP Company Profile

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.