HP (HPQ) Dividend Payout Ratio

: 0.40 (As of Jan. 2024)

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HP's dividend payout ratio for the months ended in Jan. 2024 was 0.40.

The historical rank and industry rank for HP's Dividend Payout Ratio or its related term are showing as below:

HPQ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.3 Max: 0.38
Current: 0.29

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.

HPQ's Dividend Payout Ratio is ranked better than
69.76% of 1184 companies
in the Hardware industry
Industry Median: 0.45 vs HPQ: 0.29

As of today (2024-04-16), the Dividend Yield % of HP is 3.87%.

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

HP's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

HP Dividend Payout Ratio Historical Data

The historical data trend for HP's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

HP Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

0.29

0.31

0.20

0.30

0.32

HP Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.40	0.21	0.31	0.29	0.40

Competitive Comparison

For the Computer Hardware subindustry, HP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Hardware industry and Technology sector, HP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where HP's Dividend Payout Ratio falls into.

HP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

HP's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	1.05	/	3.28
	=	0.32

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

HP (NYSE:HPQ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

HP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of HP's Dividend Payout Ratio 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 » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

HPQ:Mexico 1HPQ:Italy 7HP:Germany 7HP:Germany 7HP:Germany 7HP:Germany HPQB34:Brazil HPQ:Austria HPQ:Argentina

Address

1501 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.hp.com

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