SmarterDividends
HPQ

HP Inc.

HPQ

Technology · Computer Hardware · Stock · quarterly payer

$34.09

Overvalued · -32% Add to Portfolio

Forward Yield

3.52%

Annual Dividend

$1.20

Payout Ratio

45%

5-Yr Growth

10.1%

Ex-Date

Sep 9, 2026

Frequency

Quarterly

Key facts about HPQ's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, HP Inc. (HPQ) has a forward dividend yield of 3.52%, based on an annual dividend of $1.20 per share and a share price of $34.09.
  • As of Oct 27, 2026, HPQ's dividend safety grade from SmarterDividends is A (98 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, HP Inc. (HPQ) has raised its dividend for 15 consecutive years as of Oct 27, 2026.
  • HPQ has never cut its regular dividend in the payment history SmarterDividends has on record.
  • HPQ's most recent ex-dividend date was Sep 9, 2026, for a dividend of $0.30 per share.
  • As of Oct 27, 2026, HPQ pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
  • HPQ's dividend has grown at an average rate of 10.1% a year over the past five years.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for HPQ is $23.27 per share, 32% below the $34.09 share price, so HPQ screens as overvalued.
  • HP Inc. (HPQ) pays its dividend quarterly, 4 times a year.
  • HP Inc. (HPQ) has raised its regular dividend 35 times and cut it 1 time across the 213 payments on record since 1970. Its most recent change was a 3.8% increase to $0.300 per share, going ex-dividend on Dec 11, 2025. The last cut went ex-dividend on Jun 16, 1978.
  • HP (HPQ) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 3.8%, was declared on Nov 26, 2025.
Cite this page

SmarterDividends, "HPQ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/HPQ

Summary

As of Oct 27, 2026, HP Inc. (HPQ) yields 3.52% ($1.20 a year per share), has a dividend safety grade of A (98/100) and has 15 consecutive years of dividend increases on record.

Is HPQ a good dividend stock?

Yes

HP Inc. (HPQ) pays a quarterly dividend yielding 3.52% ($1.20/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (45%)
  • Strong 10.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.52%
Payout Ratio
45%
Annual Dividend
$1.20
5-Yr Avg Growth
10.1%
Ex-Dividend Date
Sep 9, 2026
Years of Growth
15
Frequency
quarterly
Beta
1.19
Market Cap
$30.7B
P/E Ratio
13.0
5-Yr Total Return
-5%
52-Week Range
$17.56 – $36.23
Dividend Safety
A · 98/100
Ever Cut?
No

HPQ dividend raises and cuts

HP Inc. (HPQ) has raised its regular dividend 35 times and cut it 1 time across the 213 payments on record since 1970. Its most recent change was a 3.8% increase to $0.300 per share, going ex-dividend on Dec 11, 2025. The last cut went ex-dividend on Jun 16, 1978.

Ex-dateChangeOld → newMove
Dec 11, 2025Raise$0.289 → $0.300+3.8%
Dec 11, 2024Raise$0.276 → $0.289+4.7%
Dec 12, 2023Raise$0.263 → $0.276+4.9%
Dec 13, 2022Raise$0.250 → $0.263+5.2%
Dec 7, 2021Raise$0.194 → $0.250+28.9%
Dec 8, 2020Raise$0.176 → $0.194+10.2%
Dec 10, 2019Raise$0.160 → $0.176+10.0%
Dec 12, 2018Raise$0.139 → $0.160+15.1%
Dec 12, 2017Raise$0.133 → $0.139+4.5%
Dec 12, 2016Raise$0.124 → $0.133+7.3%
Dec 7, 2015Raise$0.0799 → $0.124+55.1%
Jun 8, 2015Raise$0.0727 → $0.0799+10.0%
Show all 36 changes since 1975
Ex-dateChangeOld → newMove
Jun 9, 2014Raise$0.0658 → $0.0727+10.3%
Jun 10, 2013Raise$0.0599 → $0.0658+9.8%
Jun 11, 2012Raise$0.0545 → $0.0599+10.0%
Jun 13, 2011Raise$0.0363 → $0.0545+50.0%
Jun 22, 1998Raise$0.0318 → $0.0363+14.3%
Jun 16, 1997Raise$0.0272 → $0.0318+16.7%
Jun 17, 1996Raise$0.0227 → $0.0272+20.0%
Jun 19, 1995Raise$0.0187 → $0.0227+21.2%
Mar 16, 1995Raise$0.0170 → $0.0187+10.0%
Jun 16, 1994Raise$0.0142 → $0.0170+20.0%
Jun 17, 1993Raise$0.0114 → $0.0142+25.0%
Mar 19, 1992Raise$0.0071 → $0.0114+60.0%
Mar 14, 1991Raise$0.0060 → $0.0071+19.1%
Sep 14, 1989Raise$0.0048 → $0.0060+23.5%
Dec 15, 1988Raise$0.0037 → $0.0048+30.8%
Sep 17, 1987Raise$0.0031 → $0.0037+18.2%
Sep 13, 1984Raise$0.0026 → $0.0031+22.2%
Sep 15, 1983Raise$0.0021 → $0.0026+20.0%
Dec 16, 1982Raise$0.0017 → $0.0021+25.0%
Sep 17, 1981Raise$0.0014 → $0.0017+20.0%
Sep 20, 1979Raise$0.0011 → $0.0014+33.4%
Jun 16, 1978Cut$0.0014 → $0.0011−25.0%
Mar 17, 1977Raise$0.0011 → $0.0014+33.4%
Sep 18, 1975Raise$0.0007 → $0.0011+49.9%
HPQ ex-dividend date & scheduleNext ex-date Sep 9, 2026 · full ex-dividend historyView →HPQ dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is HPQ a good dividend stock?

Yes. HP Inc. (HPQ) pays a quarterly dividend yielding 3.52% ($1.20/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is HPQ undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HPQ's fair value is about $23.27 versus a $34.09 share price — so it looks overvalued (-32% vs. fair value).

Is HPQ's dividend safe?

HPQ has a dividend-safety grade of A (98/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is HPQ's fair value?

Our blended fair-value estimate for HPQ is about $23.27 per share, about 32% below the current $34.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HPQ a buy, hold, or sell?

We don't issue formal ratings, but on the data HPQ screens as "yes" and overvalued. HP Inc. (HPQ) pays a quarterly dividend yielding 3.52% ($1.20/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will HPQ cut its dividend?

HPQ earns a dividend-safety grade of A (98/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HPQ pay a dividend?

Yes. HP Inc. pays a quarterly dividend of about $1.20 per share annually, a forward yield of roughly 3.52%.

What is HPQ's dividend yield?

As of Oct 27, 2026, HPQ's forward dividend yield is 3.52%, based on a $1.20 annual dividend and a $34.09 share price.

What is HPQ's dividend per share?

As of Oct 27, 2026, HPQ pays $1.20 per share per year, distributed on a quarterly basis.

What is HPQ's dividend payout ratio?

As of Oct 27, 2026, HPQ's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has HPQ grown its dividend?

As of Oct 27, 2026, HPQ has increased its dividend for 15 consecutive years.

When is the next HPQ ex-dividend date?

As of Oct 27, 2026, HPQ's next ex-dividend date hasn't been announced. The most recent was Sep 9, 2026, for $0.30 per share.