HP Inc.
HPQTechnology · Stock · quarterly payer
Forward Yield
3.75%
Annual Dividend
$1.20
Payout Ratio
45%
5-Yr Growth
10.1%
Ex-Date
Sep 9, 2026
Frequency
Quarterly
Summary
As of September 2026, HP Inc. (HPQ) yields 3.75% ($1.20 per share annually), with a blended fair-value estimate of $22.87 — -25% downside, so it screens as overvalued. Dividend safety grade: A (96/100). 15 years of dividend growth.
Is HPQ a good dividend stock?
YesHP Inc. (HPQ) pays a quarterly dividend yielding 3.75% ($1.20/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (45%)
- Strong 10.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.75%
- Payout Ratio
- 45%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- 10.1%
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 1.19
- Market Cap
- $28.8B
- P/E Ratio
- 12.2
- 5-Yr Total Return
- 12%
- 52-Week Range
- $17.56 – $32.19
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
HPQ Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+19%
5 Years
+12%
52-Week Range
$17.56 – $32.19
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HPQ worth?
Overvaluedmedium confidenceOur blended fair-value estimate for HP Inc. is $22.87 per share, versus a market price of $30.52. That implies 25% of downside.
Fair Value
$22.87
Current Price
$30.52
Downside
-25%
Margin of Safety
-33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.9% annual free-cash-flow growth. We model -1.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.3% discount rate (CAPM), -1.9% stage-1 growth, 2.5% terminal growth, $2.70 EPS, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HPQ Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 10, 2026 | — | $0.3000 | regular |
| Mar 11, 2026 | — | $0.3000 | regular |
| Dec 11, 2025 | — | $0.3000 | regular |
| Sep 10, 2025 | — | $0.2890 | regular |
| Jun 11, 2025 | — | $0.2890 | regular |
| Mar 12, 2025 | — | $0.2890 | regular |
| Dec 11, 2024 | — | $0.2890 | regular |
| Sep 11, 2024 | — | $0.2760 | regular |
| Jun 12, 2024 | — | $0.2760 | regular |
| Mar 12, 2024 | — | $0.2760 | regular |
| Dec 12, 2023 | — | $0.2760 | regular |
| Sep 12, 2023 | — | $0.2630 | regular |
| Jun 13, 2023 | — | $0.2630 | regular |
| Mar 7, 2023 | — | $0.2630 | regular |
Income Calculator
At $1.20 / yr per share
