HP (XSWX:HPQ) Dividend Payout Ratio: 0.35 (As of Apr. 2026) — 13% Above Median

HP XSWX:HPQ -1.56% 74 Dividend Payout Ratio is 0.35 as of Apr. 2026, which is 13% above its 10-year median of 0.31. GuruFocus rates XSWX:HPQ with a GF Score™ of 74/100 and a GF Value™ of CHF26.30. The stock has 5 warning signs investors should review. Among 1,212 Hardware companies, HP ranks better than 64.85% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. HP's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.35.

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

XSWX:HPQ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.31 Max: 0.37
Current: 0.09

During the past 13 years, the highest Dividend Payout Ratio of HP was 0.37. The lowest was 0.09. And the median was 0.31.

XSWX:HPQ's Dividend Payout Ratio is ranked better than
64.85% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs XSWX:HPQ: 0.09

As of today (2026-06-30), the Dividend Yield % of HP is 2.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of HP was 6.39%. The lowest was 2.01%. And the median was 3.16%.

HP's Dividends per Share for the months ended in Apr. 2026 was CHF0.24.

During the past 12 months, HP's average Dividends Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.70% 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 -6.80% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

HP (XSWX:HPQ) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

HP Dividend Payout Ratio Historical Data

* Premium members only.

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.

HP Dividend Payout Ratio Chart

HP Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

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Oct25

Dividend Payout Ratio

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0.10

0.00

HP Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.35

XSWX:HPQ vs SMCI, P, IONQ: Dividend Payout Ratio 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 vs Hardware Industry

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.

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74GF Score

HP Inc XSWX:HPQ

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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HP Dividend Payout Ratio Calculation

HP's Dividend Payout Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2025 )	/	EPS without NRI (A: Oct. 2025 )
	=	0	/	2.488
	=	0.00

HP's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Apr. 2026 )	/	EPS without NRI (Q: Apr. 2026 )
	=	0.236	/	0.677
	=	0.35

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.35 mean?

HP (XSWX:HPQ) has a Dividend Payout Ratio of 0.35 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HP and its competitors. This is 13% above median its historical median of 0.31. Over the past decade, HP's Dividend Payout Ratio has ranged from 0.09 to 0.37. According to the industry distribution chart, HP ranks #426 out of 1212 companies in the Hardware industry, placing it in the top 35.1%.

Is HP's Dividend Payout Ratio too high?

HP's current Dividend Payout Ratio of 0.35 is 13% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.37. The Hardware industry median Dividend Payout Ratio is 0.47. HP's value of 0.35 is 25.5% below this industry median. Based on the distribution chart, HP ranks #426 out of 1212 companies in the Hardware industry, which is above the industry midpoint. Overall, HP has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.

How does HP's Dividend Payout Ratio compare to SMCI and P?

According to the Hardware industry distribution chart, HP ranks #426 out of 1212 companies for Dividend Payout Ratio. This puts HP in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. HP's value of 0.35 is 25.5% below this benchmark. Historically, HP's own Dividend Payout Ratio has ranged from 0.09 to 0.37 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.47, HP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HP's current Dividend Payout Ratio of 0.35 is 25.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HP and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP's current Dividend Payout Ratio is 0.35, which is 13% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is HP stock overvalued right now?

HP (XSWX:HPQ) has a current Dividend Payout Ratio of 0.35. The stock's GF Value™ is CHF26.30, compared to a current price of CHF18.29 — trading 30.5% below its estimated fair value. The current Dividend Payout Ratio is 0.35, which is 13% above median its 10-year median of 0.31 and 25.5% below the Hardware industry median of 0.47. HP's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For HP (XSWX:HPQ), the current Dividend Payout Ratio is 0.35 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HP (XSWX:HPQ) Overvalued in 2026?

Based on GuruFocus' analysis, HP stock appears to be undervalued. The current stock price of CHF18.29 is trading 30.5% below its estimated GF Value™ of CHF26.30.

Key valuation signals for XSWX:HPQ:

Dividend Payout Ratio: 0.35 (13% above median its 10-year median of 0.31)
GF Value™: CHF26.30 vs. price of CHF18.29 (30.5% below fair value)
GF Score™: 74/100 with 5 warning signs
Industry Position: 25.5% below the Hardware median (#426 of 1212)

No single metric tells the full story. See the XSWX:HPQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HP Business Description

Industry Technology Hardware

Comparable Companies SMCI P IONQ QBTS RGTI QUBT BRAI CRCT CRSR UMAC SNDK DELL STX WDC ANET SHSE:688041 SHSE:688795 SZSE:002415 TPE:2382 SZSE:301308

Other Exchanges HPQ:USA HPQ:Mexico 1HPQ:Italy 0J2E:UK 7HP:Germany HPQ:Chile 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 US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

74GF Score

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CHF18.29

Price

CHF26.30

GF Value

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