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HP (HPQ) 5-Year Dividend Growth Rate

: 14.00% (As of Jan. 2024)
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HP's Dividends per Share for the three months ended in Jan. 2024 was $0.28.

During the past 12 months, HP's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HP was 32.00% per year. The lowest was -6.10% per year. And the median was 15.55% per year.

HP's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.40. As of today, HP's Dividend Yield % is 3.83%.

Good Sign:

HP Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Computer Hardware subindustry, HP's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HP 5-Year Dividend Growth Rate Distribution

For the Hardware industry and Technology sector, HP's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HP's 5-Year Dividend Growth Rate falls into.



HP 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HP  (NYSE:HPQ) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HP's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.276/ 0.69
=0.40

During the past 13 years, the highest Dividend Payout Ratio of HP was 0.38. The lowest was 0.16. And the median was 0.30.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

HP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2762024-03-122024-03-132024-04-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.2762023-12-122023-12-132024-01-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.2632023-09-122023-09-132023-10-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.2632023-06-132023-06-142023-07-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

HP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.078/27.84
=3.87 %

Current Share Price is $27.84.
HP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.078.

During the past 13 years, the highest Dividend Yield of HP was 6.92%. The lowest was 2.01%. And the median was 3.39%.

Good Sign:

HP Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HP 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of HP's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


HP (HPQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HP Inc (NYSE:HPQ) » Definitions » 5-Year Dividend Growth Rate
Address
1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
Executives
Enrique Lores officer: President, PSS 3000 HANOVER STREET, PALO ALTO CA 94304
Alex Cho officer: President, Personal Systems HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
David W Meline director 3M COMPANY, 3M OFFICE OF GENERAL COUNSEL, ST PAUL MN 55144-1000
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Marie Myers officer: Global Controller, HFS & PAO 3000 HANOVER STREET, PALO ALTO CA 94304
Subra Suresh director HP, 1501 PAGE MILL RD BLDG 5, PALO ALTO CA 94036
David P. Mcquarrie officer: Chief Commercial Officer C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Shumeet Banerji director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Jonathan P Faust officer: Global Controller C/O HP INC, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Tuan Tran officer: Pres Imaging Prtng & Solutions 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Julie M Jacobs officer: Chief Legal Officer and GC 22000 AOL WAY, DULLES VA 20166
Kristen M Ludgate officer: Chief People Officer 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Judith A Miscik director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265

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