HP Inc. announced a cash dividend of $0.2894 per share, payable April 2, 2025.
Quiver AI Summary
HP Inc. has announced a cash dividend of $0.2894 per share on its common stock, marking the second dividend for fiscal year 2025. This dividend will be paid on April 2, 2025, to shareholders recorded by the close of business on March 12, 2025. With approximately 0.9 billion shares of common stock outstanding, HP continues to operate as a global technology leader, providing a variety of innovative and sustainable solutions across multiple sectors including personal computing and printing.
Potential Positives
- HP Inc. has declared a cash dividend of $0.2894 per share, indicating a commitment to returning value to shareholders.
- This is the second dividend declared in HP's fiscal year 2025, suggesting consistent financial performance and stability.
- The dividend is payable to stockholders on April 2, 2025, reflecting the company's ongoing financial health and rewarding long-term investment.
- HP operates globally in over 170 countries, which highlights its strong market presence and potential for continued growth.
Potential Negatives
- The announcement of a dividend may imply that the company is prioritizing short-term returns to shareholders over long-term investments, potentially affecting future growth opportunities.
- The relatively modest dividend amount could be viewed negatively by investors looking for higher returns, which may not reflect confidence in the company’s future financial performance.
- The press release provides no information on revenue growth or profitability, which could raise concerns among investors about the company's overall financial health.
FAQ
What is the amount of HP Inc.'s declared cash dividend?
HP Inc. has declared a cash dividend of $0.2894 per share on its common stock.
When is the dividend payable to shareholders?
The dividend is payable on April 2, 2025, to stockholders of record as of March 12, 2025.
How many shares of common stock does HP Inc. have outstanding?
HP Inc. has approximately 0.9 billion shares of common stock outstanding.
What is HP Inc. known for?
HP Inc. is a global technology leader known for personal computing, printing, and innovative solutions across various industries.
Where can I find more information about HP Inc.?
More information about HP Inc. can be found on their official website at http://www.hp.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HPQ Insider Trading Activity
$HPQ insiders have traded $HPQ stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $HPQ stock by insiders over the last 6 months:
- ENRIQUE LORES (President and CEO) has made 0 purchases and 2 sales selling 348,595 shares for an estimated $12,010,449.
- KRISTEN M LUDGATE (Chief People Officer) sold 74,356 shares for an estimated $2,560,077
- ALEX CHO (President, Personal Systems) has made 0 purchases and 2 sales selling 50,585 shares for an estimated $1,755,414.
- STEPHANIE LIEBMAN (Global Controller) sold 11,000 shares for an estimated $357,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HPQ Hedge Fund Activity
We have seen 516 institutional investors add shares of $HPQ stock to their portfolio, and 500 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 12,285,223 shares (+11.7%) to their portfolio in Q3 2024, for an estimated $440,670,949
- VANGUARD GROUP INC added 9,401,314 shares (+7.8%) to their portfolio in Q3 2024, for an estimated $337,225,133
- STATE STREET CORP added 3,923,161 shares (+8.2%) to their portfolio in Q3 2024, for an estimated $140,723,785
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 3,770,325 shares (-31.4%) from their portfolio in Q3 2024, for an estimated $135,241,557
- DIMENSIONAL FUND ADVISORS LP removed 3,203,030 shares (-35.4%) from their portfolio in Q3 2024, for an estimated $114,892,686
- BANK OF AMERICA CORP /DE/ added 2,757,829 shares (+11.7%) to their portfolio in Q3 2024, for an estimated $98,923,326
- CONTOUR ASSET MANAGEMENT LLC added 2,665,880 shares (+inf%) to their portfolio in Q3 2024, for an estimated $95,625,115
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PALO ALTO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2894 per share on the company’s common stock.
The dividend, the second in HP’s fiscal year 2025, is payable on April 2, 2025, to stockholders of record as of the close of business on March 12, 2025. HP has approximately 0.9 billion shares of common stock outstanding.
About HP Inc.
HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com .
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