Analysts count on the Palo Alto, California-based firm to report quarterly earnings at 80 cents per share, down from 82 cents per share within the year-ago interval. HP initiatives quarterly income of $13.15 billion, in comparison with $12.80 billion a 12 months earlier, in response to knowledge from Benzinga Pro.
On Could 21, Morgan Stanley analyst Erik Woodring maintained HP with an Equal-Weight ranking. He additionally raised the value goal from $25 to $29.
With the latest buzz round HP, some buyers could also be eyeing potential positive factors from the corporate’s dividends. At present, HP provides an annual dividend yield of 4.09% — a quarterly dividend of 29 per share ($1.158 a 12 months).
To determine easy methods to earn $500 month-to-month from HP, we begin with the yearly goal of $6,000 ($500 x 12 months).
Subsequent, we take this quantity and divide it by HP’s $1.158 dividend: $6,000 / 1.158 = 5,181 shares.
So, an investor would want to personal roughly $146,830 price of HP, or 5,181 shares to generate a month-to-month dividend revenue of $500.
Assuming a extra conservative aim of $100 month-to-month ($1,200 yearly), we do the identical calculation: $1,200 / $1.158 = 1,036 shares, or $29,360 to generate a month-to-month dividend revenue of $100.
Notice that dividend yield can change on a rolling foundation, because the dividend cost and the inventory worth each fluctuate over time.
The dividend yield is calculated by dividing the annual dividend cost by the present inventory worth. Because the inventory worth modifications, the dividend yield will even change.
For instance, if a inventory pays an annual dividend of $2 and its present worth is $50, its dividend yield can be 4%. Nevertheless, if the inventory worth will increase to $60, the dividend yield would lower to three.33% ($2/$60).
Conversely, if the inventory worth decreases to $40, the dividend yield would enhance to five% ($2/$40).
Additional, the dividend cost itself may change over time, which may additionally influence the dividend yield. If an organization will increase its dividend cost, the dividend yield will enhance even when the inventory worth stays the identical. Equally, if an organization decreases its dividend cost, the dividend yield will lower.
HPQ Value Motion: Shares of HP gained by 1.3% to shut at $28.34 on Tuesday.
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