HP Inc. Declares Dividend

HP Inc. has announced a cash dividend of $0.2625 per share, marking a 5% increase over the previous dividend.

Rhea-AI Summary

HP Inc. has announced a cash dividend of $0.2625 per share, marking a 5% increase over the previous dividend. This dividend is the first for the company's fiscal year 2023 and is set to be distributed on January 4, 2023, to shareholders on record as of December 14, 2022. With approximately 1.0 billion shares outstanding, this dividend reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• 5% increase in dividend reflects strong financial performance.
• Commitment to shareholder value through regular dividend payments.

Negative

• None.

Argus Publication session

+1.80% session move Open Argus

Details

News Market Reaction – HPQ

In the trading session that priced this news, HPQ gained 1.80%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PALO ALTO, Calif., Nov. 22, 2022 (GLOBE NEWSWIRE) -- HP Inc. has declared a cash dividend of $0.2625 per share on the company’s common stock, representing an increase of approximately 5% from the prior dividend.

The dividend, the first in HP’s fiscal year 2023, is payable on January 4, 2023, to stockholders of record as of the close of business on December 14, 2022. HP has approximately 1.0 billion shares of common stock outstanding.

About HP Inc.

HP Inc. (NYSE: HPQ) is a technology company that believes one thoughtful idea has the power to change the world. Its product and service portfolio of personal systems, printers, and 3D printing solutions helps bring these ideas to life. Visit http://www.hp.com.

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by HPQ?

HP Inc. has declared a cash dividend of $0.2625 per share.

When will HPQ's dividend be paid?

The dividend will be payable on January 4, 2023.

What is the record date for HPQ's dividend?

The record date for the dividend is December 14, 2022.

How much is the increase in HPQ's dividend?

The dividend has increased by approximately 5% from the previous amount.

How many shares of HPQ are outstanding?

HP Inc. has approximately 1.0 billion shares of common stock outstanding.