Late Thursday, Hewlett Packard (NYSE:HPQ) declared its quarterly dividend of 12 cents per share, an increase of 50% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.3% going forward.
Shares of HPQ were higher on Friday, picking up 0.7% so far.
In other dividend news, Precision Castparts (NYSE:PCP) maintained its quarterly dividend of 3 cents per share. Raytheon (NYSE:RTN) maintained its quarterly dividend of 43 cents per share. Xerox (NYSE:XRX) maintained its quarterly dividend of 4.25 cents per share. And the Interpublic Group (NYSE:IPG) maintained its quarterly dividend of 6 cents per share.
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