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HP Board Declares Regular Dividend
PALO ALTO, Calif., May 17, 2002
The board of directors of HP (NYSE: HPQ) today declared a regular cash dividend of 8 cents per share on the company's common stock. The dividend, the third in HP's fiscal year 2002, is payable on July 10, 2002, to shareholders of record as of June 19, 2002.
Following completion of HP's merger with Compaq Computer Corp. on May 3, 2002, HP had approximately 3 billion shares of common stock outstanding.
About HP
HP is a leading global provider of products, technologies, solutions and services to consumers and businesses.
The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and
printing. HP merged with Compaq Computer Corp. on May 3, 2002. The merged company had combined revenue of approximately
$81.7 billion in fiscal 2001 and operations in more than 160 countries. More information about HP is available at
http://www.hp.com.
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