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

HP Inc. (NYSE:HPQ) announced a quarterly dividend on Tuesday, May 19th. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.30 per share by the computer maker on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, June 10th.

HP has raised its dividend payment 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 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 Trading Up 0.0%

Shares of NYSE:HPQ opened at $25.59 on Monday. The business’s 50 day moving average is $21.41 and its 200-day moving average is $21.20. The firm has a market capitalization of $23.40 billion, a PE ratio of 9.44, a PEG ratio of 4.32 and a beta of 1.16. HP has a 1-year low of $17.56 and a 1-year high of $29.65.

HP (NYSE:HPQ) last released its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $14.41 billion for the quarter, compared to the consensus estimate of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.71 earnings per share. 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, sell-side analysts predict that HP will post 2.98 EPS 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.