HP Inc. Board Declares Dividend
Rhea-AI Summary
HP Inc. has announced a cash dividend of $0.1762 per share on its common stock, marking the third dividend of fiscal year 2020. This dividend is payable on July 1, 2020, to shareholders recorded by the close of business on June 10, 2020. With approximately 1.4 billion shares outstanding, this dividend reflects HP's commitment to returning value to its shareholders.
Positive
- Cash dividend of $0.1762 per share enhances shareholder income.
- Third dividend declared in fiscal year 2020 indicates strong financial health.
Negative
- None.
News Market Reaction – HPQ
In the trading session that priced this news, HPQ gained 8.48%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
PALO ALTO, Calif., May 15, 2020 (GLOBE NEWSWIRE) -- The HP Inc. board of directors has declared a cash dividend of
The dividend, the third in HP’s fiscal year 2020, is payable on July 1, 2020, to stockholders of record as of the close of business on June 10, 2020. HP has approximately 1.4 billion shares of common stock outstanding.
About HP Inc.
HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at hp.com.
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