PALO ALTO, CA – Shares of HP Inc. closed in the green during a recent choppy trading session, demonstrating resilience in a mixed market. The technology giant’s stock ended the day at 0.15 (0.58%).
According to the market summary dated July 3rd, the positive close came after a day of fluctuating prices. HP stock opened at $26.08 and reached a session high of $26.26 in the morning. However, it couldn’t maintain the early momentum, dipping to a low of $25.98 before recovering to finish slightly above the previous day’s close of $25.85. The gains were slightly tempered in after-hours trading, with the stock ticking down to $25.95.
For investors, one of the most compelling aspects of HP’s stock profile is its robust dividend. The company offers an attractive dividend yield of 4.45%, a significant lure for those seeking steady income from their investments. This is supported by a quarterly dividend amount of $0.29 per share.
Other key financial metrics for HP Inc. include:
-
P/E Ratio: A modest 10.03, suggesting the stock may be viewed as a value investment.
-
Market Cap: 2.44KCr
-
52-Week Range: $21.21 – $39.80
While the stock is currently trading closer to its 52-week low, the combination of its established market presence and a strong dividend payout makes HP a stock to watch for investors prioritizing value and income.
