HP Inc. announces quarterly cash dividend for shareholders

Published 14/05/2025, 21:28
HP Inc. announces quarterly cash dividend for shareholders

PALO ALTO, Calif. - HP Inc. (NYSE:HPQ), a prominent technology company, has announced a cash dividend of $0.2894 per share for the third quarter of its fiscal year 2025. The dividend is set to be paid on July 2, 2025, to shareholders who are on record by the close of business on June 11, 2025. According to InvestingPro data, HP offers an attractive 4.02% dividend yield and has maintained dividend payments for an impressive 55 consecutive years.

This recent declaration follows HP’s pattern of providing shareholder returns and reflects the company’s continued financial health. With around 0.9 billion shares of common stock outstanding, this dividend payout represents a significant distribution of profits back to HP’s investors. InvestingPro analysis shows the company has raised its dividend for 8 consecutive years, while management has been actively buying back shares, demonstrating a strong commitment to shareholder returns.

HP Inc. is known for its wide array of technology solutions, including personal computing, printing, 3D printing, and services catering to hybrid work environments and gaming. The company operates globally in more than 170 countries, emphasizing innovation and sustainability in its product offerings. With a market capitalization of $27.04 billion and an overall "GOOD" Financial Health rating from InvestingPro, HP maintains a strong position in the Technology Hardware sector. InvestingPro subscribers can access 10+ additional exclusive insights about HP’s financial performance and outlook.

The announcement of the dividend comes as a piece of key news for investors and market watchers, indicating HP’s commitment to delivering value to its shareholders. It also serves as a measure of the company’s financial performance and stability.

The information provided in this article is based on a press release statement from HP Inc. The company’s next financial event for stockholders is now set, with the upcoming dividend payment reflecting its ongoing business strategy and shareholder engagement.

In other recent news, HP Inc. reported a 3% year-over-year revenue growth in constant currency for the January quarter, marking its third consecutive quarter of growth. The Personal Systems segment experienced a 5% increase, driven by strong commercial demand and the adoption of AI-powered PCs. However, HP’s Print revenue saw a slight decline of 1% year-over-year, with strong consumer hardware performance offset by weaker commercial demand, particularly in China. In corporate restructuring, HP announced a reduction in its Board of Directors from 15 to 13 members following the departure of Aida Alvarez and Robert Bennett. In another development, HP has partnered with Reincubate to enhance video conferencing capabilities on its AI PCs, leveraging advanced AI video technology. Additionally, HP introduced over 80 new AI-powered PCs and quantum-safe printers at its Amplify Conference, focusing on productivity and security enhancements. Loop Capital Markets adjusted its outlook on HP, lowering the stock price target from $35 to $30 while maintaining a Hold rating. These recent developments highlight HP’s ongoing efforts in innovation, corporate governance, and market adaptation.

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