HP Board Declares Regular Dividend
PALO ALTO, Calif., July 19, 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 fourth in HP's fiscal year 2002, is payable on Oct. 9, 2002, to shareholders of record as of Sept. 18, 2002.
Following completion of HP's merger with Compaq Computer Corp. on May 3, 2002, HP has approximately 3 billion shares of common stock outstanding.
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 completed its merger transaction involving Compaq Computer Corp. on May 3, 2002. The company would have had combined revenue on a pro forma basis with the Compaq transaction of approximately $81.1 billion in fiscal 2001 and has operations in more than 160 countries. More information about HP is available at http://www.hp.com.