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  • Wednesday, April 17, 2024

HP to Increase Regular Quarterly Dividend 10%

Hewlett-Packard (NYSE: HPQ) announced today that its board of directors has authorized a regular quarterly dividend of 13.2 cents per share, which it expects to declare in May.

The company said the payment represents a 1o percent increase over the previously announced dividend it will disburse on April 4, for stockholders of record on March 14.

That dividend will remain at 12 cents per share, according to the announcement.

HP said it has approximately 2 billion shares of common stock outstanding.

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