HP's Dividend Looks Generous. Here's What's Really Funding It.

HP's Dividend Looks Generous. Here's What's Really Funding It.

HP's 3.82% yield keeps growing even as its PC business stumbles and its printing engine slowly shrinks. The real source funding that quarterly check is not what most income investors assume.

HP’s Dividend Looks Generous. Here’s What’s Really Funding It

The post HP’s Dividend Looks Generous. Here’s What’s Really Funding It. appeared first on 24/7 Wall St.. HP (NYSE:HPQ) pays $0.30 per share quarterly, an annualized $1.20 yielding 3.82%. The stock gained 45.84% year to date to $31.30, then fell 9.01% in one week after Barron’s reported that HP…