Hewlett Packard Common Stock (NYSE: HPQ)

Hewlett Packard Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "HPQ". Hewlett Packard is a component of the S&P 500 Index.

On November 1, 2015 Hewlett Packard completed the spin-off of Hewlett Packard Enterprise (NYSE: HPE). Via the spin-off, shareholders of HPQ were granted one share of HPE common stock for each share of HPQ common stock held as-of the close of trading on October 21, 2015, the record date. Shares of HPE began trading on November 2, 2015

Hewlett Packard Inc. (HPQ) is classified under the Information Technology sector in the Global Industry Classification Standard (GICS) framework. Within the Information Technology sector, HP is further classified under the Technology Hardware, Storage & Peripherals sub-industry.

As a publicly traded company, Hewlett Packard's stock price is subject to fluctuations based on a variety of factors, including the company's financial performance, global economic conditions, and industry trends. Hewlett Packard also pays a dividend to its shareholders, although the amount and frequency of the dividend payments may vary depending on the company's financial results and other factors.

Investors who are interested in buying or selling Hewlett Packard stock can do so through a brokerage account or an online trading platform. It's important to keep in mind that investing in stocks carries risks, and past performance is not necessarily indicative of future results. Therefore, it's always recommended to do your own research and consult with a licensed financial advisor before making any investment decisions.

Hewlett Packard Common Stock Dividend

Hewlett Packard currently pays a quarterly dividend of $0.2625 per share to its shareholders. Hewlett Packard typically pays dividends in March, June, September and December of each calendar year.

 

 

About Hewlett Packard (NYSE: HPQ)

Hewlett Packard (HPQ) is a multinational technology company that specializes in personal computing, printing, and related services. Hewlett Packard is headquartered in Houston, Texas, and has operations in more than 170 countries.

Hewlett Packard was founded in 1939 by Bill Hewlett and Dave Packard in a garage in Palo Alto, California. The company initially developed electronic test equipment, such as oscilloscopes and frequency counters, for the electronics industry.

In 1960, HP launched its first computer, the HP 2116A, which was designed for scientific and engineering applications. Over the years, the company expanded its product offerings to include personal computers, printers, scanners, and other hardware products. HP's printer business, in particular, became a major source of revenue for the company.

In 1999, HP merged with Compaq Computer Corporation, a rival technology company, in a deal worth $25 billion. The merger was controversial and faced opposition from some shareholders and industry analysts, but the companies argued that it would allow them to better compete in the rapidly changing technology industry.

In 2007, HP became the world's largest PC manufacturer, surpassing Dell Inc. In 2011, the company announced that it would spin off its PC and printer business into a separate company, but later reversed that decision in 2015 and decided to keep the businesses under the same corporate umbrella.

In 2015, HP split into two separate publicly-traded companies: Hewlett Packard Enterprise (NYSE: HPE), which focuses on enterprise solutions and services, and HP Inc. (NYSE: HPQ), which focuses on personal computers, printers, and related hardware products.

Today, HPQ offers a wide range of products, including personal computers, printers, scanners, and other peripherals, as well as software and services for businesses and consumers. The company's products are sold under several brand names, including HP, Compaq, and others.

HPQ has a strong history of innovation, with several notable contributions to the technology industry. For example, the company developed the first desktop computer, the HP 2116A, in 1966. HPQ was also an early pioneer in inkjet printing technology, and continues to be a major player in the printing industry.

HPQ is listed on the New York Stock Exchange (NYSE) and is a component of the S&P 500 index. The company has a market capitalization of approximately $45 billion as of March 2023.

HPQ has faced significant changes in recent years, including a split of the company in 2015, resulting in the creation of two separate entities, HP Inc. (focused on personal systems and printing) and Hewlett Packard Enterprise (focused on enterprise solutions). This restructuring allowed both companies to focus on their respective markets and streamline operations.

In addition to its core product offerings, HPQ has expanded into other areas such as 3D printing, cybersecurity, and artificial intelligence. The company has also made several acquisitions in recent years, including the purchase of Samsung Electronics' printer business in 2017.

As of 2021, HPQ has faced some challenges due to the COVID-19 pandemic, which has disrupted supply chains and affected demand for its products. However, the company has also experienced growth in areas such as home printing and gaming laptops as more people work and study from home.

Overall, HPQ remains a major player in the technology industry, with a strong brand and a diverse product portfolio. The company's ability to innovate and adapt to changing market conditions will be key to its continued success in the future.

In recent years, HPQ has placed a strong emphasis on sustainability and social responsibility. The company has set ambitious goals to reduce its carbon footprint, increase the use of renewable energy, and promote ethical and responsible business practices. HPQ has been recognized for its efforts in these areas, including being named to the Dow Jones Sustainability Index and earning a spot on Fortune's Change the World list.

In terms of financial performance, HPQ has had a mixed track record in recent years. The company's revenue has been relatively flat, with fluctuations due to changes in demand for its various product lines. HPQ has also faced pressure from competitors in key markets, such as the printer industry. However, the company has remained profitable, with strong cash flows and a solid balance sheet.

HPQ's stock performance has also been mixed, with periods of growth and decline. The company's share price is affected by a variety of factors, including macroeconomic conditions, market trends, and competition from other technology companies.

Looking ahead, HPQ faces both opportunities and challenges in the rapidly-evolving technology industry. The company will need to continue to innovate and adapt to changing market conditions in order to remain competitive and meet the needs of its customers. At the same time, HPQ's strong brand, global presence, and commitment to sustainability and social responsibility provide a solid foundation for future growth and success.

In addition to its core businesses, HPQ has also made strategic investments in emerging technologies and startups. For example, the company has invested in 3D printing companies such as Shapeways and has partnered with companies such as Nvidia and Microsoft to develop new technologies.

HPQ has also been actively involved in philanthropy and community outreach. The company's HP Foundation provides funding and resources for education, entrepreneurship, and community development initiatives around the world. HPQ has also been recognized for its diversity and inclusion efforts, with a commitment to increasing representation of underrepresented groups in its workforce and leadership positions.

One challenge facing HPQ and other technology companies is the ongoing impact of the COVID-19 pandemic. The pandemic has disrupted supply chains and affected demand for certain products, leading to supply chain shortages and delays. In addition, the pandemic has accelerated trends such as remote work and e-commerce, which could have long-term implications for the technology industry.