HP Inc: raises dividend 5% after Q4 results

(CercleFinance.com) - HP Inc has announced a 5% dividend increase to $0.
2625 per share, payable on 4 January 2023, after announcing adjusted EPS of $0.85, down 10%, for Q4 2021-22.

The hardware supplier's adjusted operating margin fell 0.4% to 7.7%, while its revenue declined 11.2% to 14.8 billion dollars, with respective contractions of 7% in printers and 13% in PCs.

Regarding its outlook, the Palo Alto, California-based company expects non-GAAP EPS of between $0.70 and $0.80 for Q1 2022-23, and between $3.20 and $3.60 for the full year ahead.


Copyright (c) 2022 CercleFinance.com. All rights reserved.