Fannie Mae, Freddie Mac shares tumble after conservatorship comments
PALO ALTO - HP Inc. (NYSE: HPQ) announced Tuesday it will pay a cash dividend of $0.2894 per share on its common stock, maintaining its impressive 55-year streak of consecutive dividend payments. With a current yield of 4.61%, this represents the fourth dividend payment in the company’s fiscal year 2025.
The dividend will be payable on October 1, 2025, to stockholders of record as of the close of business on September 10, 2025, according to a press release statement from the technology company.
HP currently has approximately 0.9 billion shares of common stock outstanding. The company, headquartered in Palo Alto, California, operates in more than 170 countries worldwide.
HP describes itself as a global technology provider offering various products and services across personal computing, printing, 3D printing, hybrid work, and gaming sectors.
The announcement comes as part of HP’s regular quarterly dividend schedule for fiscal year 2025.
In other recent news, HP, Inc. has faced several adjustments to its financial outlook and stock price targets from various analyst firms. HP’s recent earnings report revealed challenges, including increased tariff costs and a slump in demand, prompting analysts at UBS, Morgan Stanley, and Citi to lower their price targets to $26.00, $26.00, and $27.50, respectively. Despite a solid revenue quarter, HP’s earnings per share (EPS) missed expectations, leading to a downward revision of its fiscal year 2025 EPS guidance by several firms, including Evercore ISI, which set a new target of $29.00.
HP’s management has revised its fiscal year 2025 EPS outlook to a range of $3.00 to $3.30, and has lowered its free cash flow guidance by approximately $600 million. Analysts from TD Cowen noted that HP has decreased its EPS and free cash flow midpoints by 13% and 18%, respectively, due to increased costs and macroeconomic pressures. The company’s strategic moves, such as relocating PC production away from China and implementing cost restructuring, aim to mitigate these challenges.
Evercore ISI maintained an Outperform rating, highlighting HP’s efforts to stabilize EPS and free cash flow through cost savings and tariff mitigation strategies. Meanwhile, Citi and Morgan Stanley have sustained neutral ratings, reflecting skepticism about immediate growth catalysts. Despite these challenges, HP’s Personal Systems segment showed some growth, with an 8% year-over-year increase, attributed to strong demand in the commercial sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.