Hewlett-Packard board OK's 10 pct dividend hike

Published on NewsOK Modified: March 20, 2014 at 7:27 am •  Published: March 20, 2014
Advertisement
;

PALO ALTO, Calif. (AP) — Hewlett-Packard says its board has approved a 10 percent increase to its regular quarterly cash dividend.

The new dividend of 16 cents will be effective when HP's board declares the computer company's next dividend, which is expected to happen in May.

HP's next dividend, which is set to be paid on April 2 to shareholders of record as of March 12, will not be increased and will remain at 14.52 cents.

Shares of Palo Alto, Calif.-based Hewlett-Packard Co. edged up 3 cents to $31.65 in premarket trading.



Trending Now


AROUND THE WEB

  1. 1
    College of Charleston president orders second investigation of Doug Wojcik
  2. 2
    Joe Paterno's son Jay sues Penn State for 'improper termination'
  3. 3
    Former Dallas Cowboys running back Robert Newhouse dead at 64
  4. 4
    Oklahoma man gets consecutive 20-year terms for rapes of intellectually challenged classmates
  5. 5
    Angels won't cap former OU pitcher Garrett Richards' innings
+ show more