HP Inc. dividend history
HP Inc.'s dividend was $1.16 a share in fiscal 2025, up 5.5% on the year before. That was 43.0% of net income. It has raised its dividend per share every year since fiscal 2016.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $1.2B
- Dividends (TTM)
- $1.1B
- Returned to shareholders
- 60%
- of free cash flow
- Buybacks, last 3 fiscal years
- $3B
- Diluted share count
- −2.9%
- year over year
- Total shareholder yield
- 9.0%
- dividends 4.3% + buybacks 4.8% of market value
- Dividend payout ratio
- 45%
- of net income paid out
- R&D spending
- 2.7%
- of revenue
- Sales & admin spending
- 10.1%
- of revenue
- Days sales outstanding
- 44 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2009Oct 2009 | 2010Oct 2010 | 2011Oct 2011 | 2012Oct 2012 | 2013Oct 2013 | 2014Oct 2014 | 2015Oct 2015 | 2016Oct 2016 | 2017Oct 2017 | 2018Oct 2018 | 2019Oct 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | $0.320 | $0.320 | $0.400 | $0.500 | $0.550 | $0.610 | $0.670 | $0.500 | $0.530 | $0.560 | $0.640 | $0.700 | $0.780 | $1.00 | $1.05 | $1.10 | $1.16 | — |
| Dividend per share growth | — | 0.0% | +25.0% | +25.0% | +10.0% | +10.9% | +9.8% | −25.4% | +6.0% | +5.7% | +14.3% | +9.4% | +11.4% | +28.2% | +5.0% | +4.8% | +5.5% | — |
| Dividends paid | 0.8 | 0.8 | 0.8 | 1.0 | 1.1 | 1.2 | 1.3 | 0.9 | 0.9 | 0.9 | 1.0 | 1.0 | 0.9 | 1.0 | 1.0 | 1.1 | 1.1 | 1.1 |
| Share buybacks | 5.1 | 11.0 | 10.1 | 1.6 | 1.5 | 2.7 | 2.9 | 1.2 | 1.4 | 2.6 | 2.4 | 3.1 | 6.2 | 4.3 | 0.1 | 2.1 | 0.9 | 1.2 |
| Dividends ÷ net income | 10.0% | 8.8% | 11.9% | — | 21.6% | 23.6% | 27.4% | 34.4% | 35.4% | 16.9% | 30.8% | 35.4% | 14.3% | 33.1% | 31.8% | 38.7% | 43.0% | 44.7% |
| Dividends ÷ free cash flow | 7.9% | 9.9% | 10.4% | 14.8% | 13.1% | 14.0% | 36.5% | 30.4% | 27.3% | 22.6% | 24.4% | 26.7% | 16.1% | 28.0% | 34.8% | 34.1% | 38.9% | 28.2% |
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