{"id":71286,"date":"2023-10-11T04:49:09","date_gmt":"2023-10-11T08:49:09","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/hp-inc-shares-rise-on-dividend-hike-shareholder-return-plans\/"},"modified":"2023-10-11T04:49:12","modified_gmt":"2023-10-11T08:49:12","slug":"hp-inc-shares-rise-on-dividend-hike-shareholder-return-plans","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=71286","title":{"rendered":"HP Inc. shares rise on dividend hike, shareholder return plans"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002601729\" role=\"document\">\n<p>HP Inc.<br \/>\n        HPQ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203461582\/composite\" class=\"positive\">+1.34%<\/bg-quote><br \/>\n       on Tuesday announced a 5% dividend increase, while forecasting fiscal 2024 adjusted per-share profit that was slightly below Wall Street\u2019s expectations. The maker of computers and printers said it expected fiscal 2024 adjusted earnings per share of $3.25 to $3.65, compared with FactSet forecasts for $3.48. The company said it was raising its annual dividend by 5% to $1.10 a share. Shares were up 1.4% after hours. HP said it expected fiscal 2024 free cash flow of $3.1 billion to $3.6 billion, and said it expected to return \u201capproximately 100% of fiscal 2024 free cash flow to shareholders through dividends and share repurchases.\u201d The company said it was \u201cstrengthening our core business, accelerating our expansion in services, building new operational capabilities, and improving our structural costs.\u201d <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/hp-inc-shares-rise-on-dividend-hike-shareholder-return-plans-f096b2ac?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HP Inc. HPQ, +1.34% on Tuesday announced a 5% dividend increase, while forecasting fiscal 2024 adjusted per-share profit that was slightly below Wall Street\u2019s expectations. The maker of computers and printers said it expected fiscal 2024 adjusted earnings per share of $3.25 to $3.65, compared with FactSet forecasts for $3.48. The company said it was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-71286","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HP Inc. shares rise on dividend hike, shareholder return plans | iFintechWorld<\/title>\n<meta name=\"description\" content=\"HP Inc. 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