HP Inc. (HPQ) to Issue Quarterly Dividend of $0.30 on April 1st

HP Inc. (NYSE:HPQ) declared a quarterly dividend on Tuesday, January 27th. Shareholders 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 yield of 6.3%. The ex-dividend date is Wednesday, March 11th.

HP has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 15 years. HP has a dividend payout ratio of 32.6% meaning its dividend is sufficiently covered by earnings. Equities 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 Performance

Shares of NYSE:HPQ opened at $19.05 on Thursday. The business’s fifty day moving average price is $22.74 and its two-hundred day moving average price is $25.32. The stock has a market cap of $17.48 billion, a PE ratio of 7.19, a price-to-earnings-growth ratio of 3.64 and a beta of 1.21. HP has a one year low of $19.01 and a one year high of $35.28.

HP (NYSE:HPQ) last released its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The company had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the company 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, equities research analysts predict that HP will post 3.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. TD Cowen dropped their price target on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Morgan Stanley dropped their price objective on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. HSBC set a $30.00 target price on HP and gave the company a “buy” rating in a report on Tuesday, October 14th. UBS Group set a $24.00 price target on HP in a research note on Wednesday, November 26th. Finally, Argus upgraded HP to a “strong-buy” rating in a report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, HP has an average rating of “Hold” and a consensus price target of $24.77.

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.