After the bell on Monday, Hewlett Packard (NYSE:HPQ) declared its quarterly dividend of 12 cents per share, an increase of about 50% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.2% going forward.
Shares of HPQ were lower with the markets today, falling 1.5% so far.
In other dividend news, Microsoft (NASDAQ:MSFT) maintained its quarterly dividend of 16 cents per share. HCC Insurance (NYSE:HCC) maintained its quarterly dividend of 14.5 cents per share. Covanta (NYSE:CVA) maintained a dividend of 7.5 cents per share. And Syntel (NASDAQ:SYNT) maintained its quarterly dividend of 6 cents per share.
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