Daily Stock Analysis: HP Inc
HP Inc, ticker (HPQ), a large-cap computer hardware company in the technology business sector, is the fourth of five technology candidates vying for the last slot in my Viital folio. I did discuss HPQ previously back on February 14th.
Image: Hewlett Packard Inc
HP Incorporated is a leading provider of computers, printers, and printer supplies.
The company’s main segments are (1) personal systems and (2) printing. Its personal systems segment contains notebooks, desktops, and workstations. Its printing segment contains supplies, consumer hardware, and commercial hardware.
In 2015, Hewlett-Packard was separated into HP Incorporated and Hewlett Packard Enterprise and the Palo Alto, California-based HP Incorporated sells on a global scale. HP Inc. was founded in 1939.
Three key data points gauge HP Inc:
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At today’s $25.60 closing price, a little under $1000 would buy 39 shares.
A $10 broker fee (if charged) paid half at purchase and half at sale and might cost us $0.26 per share.
Subtract that maybe $0.26 brokerage cost from my estimated $4.40 gross gain per share results in a net gain of $4.14 X 39 shares = $161.46 for a 16.15% net gain including an 3.9% annual yield.
In a year our $1K investment in shares of HP Inc could generate $39.10 in cash dividends. Of course, a single share of HPQ stock at yesterday's $25.60 price is $13.50 less than the dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this is a good time to buy HPQ shares based on their dividends for the year 2022. The dividend from $1K invested is 1.5 times greater than yesterday’s single share price. Consider yourself alerted. Now is the time.
All of the estimates above are speculation based on the past history of HP Inc. Only time and money invested in this stock will determine its market value.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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