HP Dividend yield

HP is part of Technology Hardware and Equip. business, which is part of Technology industry. HP is a company from USA, and his stocks are publicly traded.

HP stock dividend

HP paid a total dividend of 1,034 million USD last year, for a market value of 29,264 millions (Market Cap 25,624 millions). HP dividend per share is 1.05 USD, and his stock market price 29.71 USD.

According to the chart below, where dividend yield is displayed, HP has a dividend yield of 3.53%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare HP stocks dividend with other Technology Hardware and Equip. companies or other of the highest USA dividend stocks list.

HP Dividend Payout

About the ability of HP to maintain his current dividend of USD 1.05 per share, an amount that accounts for 3.53%, we should study its payout ratio both on earnings and on cash-flows (see chart below). HP payout on ernings is currently 30.00%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that HPcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of HP is USD 4.50 per share, which is higher than the dividend per share paid by the company of USD 1.05, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of HP, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

HP Dividend History

Below you will find a table with the historical evolution of HP's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.53%	1.05	30.00%	985
2022	3.91%	1.05	30.88%	1,006
2021	2.65%	1.00	17.24%	1,153
2020	3.15%	0.77	35.65%	1,374
2019	3.43%	0.70	32.41%	1,482
2018	2.83%	0.58	31.18%	1,582
2017	2.65%	0.56	37.09%	1,670
2016	3.22%	0.50	34.48%	1,727
2015	5.61%	0.70	22.88%	1,806

*In millions

Then you can see the evolution of HP dividend stock, and compare it with the average of USA stocks and that of the Technology Hardware and Equip. stocks.

HP Stock performance

Finally, last moth HP showed a return of -9.50% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 3.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.