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Fri, November 29, 2024
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HP Announces Dividend Increase and Positive Fiscal Outlook


//stocks-investing.news-articles.net/content/202 .. vidend-increase-and-positive-fiscal-outlook.html
Published in Stocks and Investing on Wednesday, November 27th 2024 at 18:40 GMT by Thomas Matters   Print publication without navigation

  • HP ( ) has provided an update. HP Inc. announced an increase in its quarterly cash dividend by 5%, starting fiscal year 2025, reflecting confidence in its financial health. For fi

HP Inc. has announced a significant increase in its quarterly dividend, raising it from $0.2625 to $0.2756 per share, which reflects the company's confidence in its financial stability and future earnings potential. This adjustment marks the 14th consecutive year that HP has raised its dividend, showcasing a consistent commitment to shareholder returns. Alongside the dividend news, HP provided a positive fiscal outlook for the upcoming quarter, projecting growth in both revenue and earnings per share. The company's optimistic projections are supported by strong demand for its personal systems and printing solutions, as well as strategic initiatives aimed at enhancing operational efficiency and expanding into new markets. This announcement was made during a time when the tech industry is facing various challenges, making HP's positive outlook particularly noteworthy.

Read the Full Business Insider Article at [ https://markets.businessinsider.com/news/stocks/hp-announces-dividend-increase-and-positive-fiscal-outlook-1034068425 ]

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