H-P to Hike Regular Dividend 10.2%

Features FOXBusiness

A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo Alto, California January 16, 2013. REUTERS/Stephen Lam (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY LOGO) - RTR3CJJC (Reuters)

Hewlett-Packard (HPQ) said Thursday it will lift its regular dividend by 10.2% to 16 cents a share.

Continue Reading Below

The move will be effective in next time the board meets, which the PC-maker said will likely come in May. The dividend payable on April 2 will remain at the lower price of 14.52 cents a share.

Shares of the blue-chip tech company ticked up slightly in pre-market action.

What do you think?

Click the button below to comment on this article.