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HP Inc. Board Declares Dividend

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Rhea-AI Summary

The HP Inc. board has declared a cash dividend of $0.1938 per share, marking a 10% increase from the prior dividend. This dividend will be the first of HP's fiscal year 2021 and is payable on January 6, 2021, to shareholders on record as of December 9, 2020. With approximately 1.3 billion shares outstanding, this announcement reflects HP's ongoing commitment to returning value to its investors.

Positive
  • Dividend increase of 10% signals company confidence.
  • Continued commitment to shareholder returns with substantial dividend payout.
Negative
  • None.

PALO ALTO, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) -- The HP Inc. board of directors has declared a cash dividend of $0.1938 per share on the company’s common stock, representing an increase of 10% from the prior dividend.

The dividend, the first in HP’s fiscal year 2021, is payable on January 6, 2021, to stockholders of record as of the close of business on December 9, 2020. HP has approximately 1.3 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.

© Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

Editorial contacts

HP Inc. Media Relations
MediaRelations@hp.com

HP Inc. Investor Relations
InvestorRelations@hp.com


FAQ

What is the amount of HPQ's recent cash dividend?

HPQ has declared a cash dividend of $0.1938 per share.

When is HPQ's dividend payment date?

The dividend is payable on January 6, 2021.

When is the record date for HPQ's dividend?

The record date is December 9, 2020.

What is the significance of HPQ's dividend increase?

The 10% increase indicates the company's strong financial position and commitment to returning value to shareholders.

How many shares does HPQ have outstanding?

HPQ has approximately 1.3 billion shares of common stock outstanding.

HP Inc.

NYSE:HPQ

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35.99B
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Computer Hardware
Computer & Office Equipment
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United States of America
PALO ALTO