News Trade12 - HPQ is to announce Q4 dividend of $0.12
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HPQ is to announce Q4 dividend of $0.12


Hewlett-Packard Company is scheduled to issue a quarterly dividend on January 27th. Shareholders of record on March 9th will be given a 0.124 per share dividend by the company on April 6th. It suggests an annual dividend of a $0.50, along with a 4.54% yield. The ex-dividend date is settled on March 7th.  

Many analysts currently weigh in on the HPQ stocks. Deutsche Bank reissued a rating of “buy” on November 8th. JPMorgan Chase & Co. reaffirmed a rating of “neutral” on January 13th. Zacks Investment Research downgraded a rating from “hold” into a “strong sell” on November 6th. Raymond James reassigned a rating of “hold” on January 4th. Lastly, Monness Crespi & Hardt lowered their target price from $16.00 to $12.00 and assigned a rating of “buy” on February 16th. 

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Twenty analysts of which gave a rating of hold on the stock, twelve have issued a rating of buy, and one set a rating of strong buy. The average rating of the company settled at “Hold”, along with an average target price of $20.87.

Company shares of HPQ traded at 10.93 during Wednesday session. The market cap of the firm stands at $19.58 billion, along with a 4.41 price-to-earnings (P/E) ratio. It posted a 50-day moving average of $9.99, and registered a 200-day moving average of $11.89. Meanwhile, it posted a 12-month low and high of $8.91 and $16.17 respectively. 

HPQ recently issued its earnings for the quarter on February 24th. It posted a quarterly earnings per share (EPS) of $0.36, missing analysts’ consensus estimate of $0.36 by $0.00. Amid the same quarter last year, it has earned an EPS of $0.92. It posted a quarterly revenue of $12.20 million, compared to the analysts’ estimate of $13.90 million. Its revenue for the quarter decline about 11.6%, compared to the same quarter in the prior year. Analysts are expecting the company to post an EPS of $1.59 for the current fiscal year. 

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HP INC, is formerly known as Hewlett-Packard Company that provides products, including technologies, software, solutions and services globally for individual consumers, small- and medium-sized businesses and large enterprises, as well as government customers, health and education sectors. 

As the HPQ is to announce Q4 dividend of $0.12, tons of investors will likely watch out for signals about this company stock. You too can earn bigger profits and execute better trades here at Trade12 by reading the latest market updates on our official website, Trade12.com. Striving to become the best forex broker for you, Trade12 reviews daily market events essential to your trading activities to help you develop a keen understanding of what is forex and certain trends involving stocks, currencies, indices, commodities, and metals. With all the positive Trade12 feedback from clients, you will be assured that your trading account is safe and secured.

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