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HP Inc (HPQ) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise.

HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015.

HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

Three key data points gauge HP Inc or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

HPQ Price

HP’s price fell almost 8.5% in the past year from $30.22 to $27.68 as of Monday’s market close.

In the past 3 years the company’s share price has ranged from $24.69 to $40.34. However, the all-time high price of $41.47 was reached back in June, 2022.

Should HPQ share prices conform to somewhere between he average $2one year price gains charted over the past five years, and the media $8 gain estimated by 15 analyst tracking HPQ for brokers,its share price might grow to $33.00 in the coming year.

HPQ Dividends

HP Inc has paid steady quarterly dividends since January, 1986. The company’s most recent Q dividend of $0.29 was declared January 30th for shareholders of record prior to April 2nd. The forward looking annual dividend of $1.16 yields 4.18% per Monday’s closing price.

HPQ Returns

Putting it all together, a $6.48 estimated gross gain per share shows up by adding HPQ’s annual $1.16 dividend to an estimated $5.32 estimated annual gross price gain, totaling that $6.48 gross gain amount.

A little under $1000 buys 36 shares at Monday’s $27.68 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.28 per share out of the $6.48 gross-gain to give us a $6.20 net amount per share to multiply by 36 shares. That result comes to $223.20 for about a 22.4% estimated net gain in the coming year.

Furthermore, $41.80 in annual dividend income from your $1,000 investment in HP Inc is over 1.5 times greater than the $27.68 single-share price. By these numbers, HPQ could be considered an ideal dividend dog by my dog catcher standards.

Therefore, you may choose to pounce on HP Inc as a 86 year-old quarterly dividend-paying Palo Alto CA data processing supply company with a near 40-year dividend payment record.

The exact track of HPQ’s future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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