Hewlett Packard Company recently announced a quarterly dividend, with shareholders of record receiving $0.13 per share on July 18th. The company has been increasing its dividend annually and has a dividend payout ratio of 25.4%. Analysts expect the company to earn $1.70 per share next year, which should cover the dividend payout. Hewlett Packard Enterprise shares rose 10.7% and opened at $19.49. The company reported earnings of $0.42 per share for the quarter, beating estimates. Research firms have given the stock various ratings, with an average price target of $20.25. In internal activity, SVP Jeremy Cox sold shares of the business. Hewlett Packard Enterprise offers solutions in computing, storage, financial services, and more. Subscribe to MarketBeat.com for daily news and ratings on Hewlett Packard Enterprise.
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https://www.defenseworld.net/2024/06/06/hewlett-packard-enterprise-hpe-to-issue-quarterly-dividend-of-0-13-on-july-18th.html
