How To Earn $500 A Month From HP Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
HP Inc. (NYSE:HPQ) is set to release its Q2 earnings report, with analysts expecting earnings of 81 cents per share and revenue of $12.6 billion. Barclays analyst Tim Long upgraded HP's rating from Underweight to Equal-Weight and increased the price target from $24 to $30. HP has a dividend yield of 3.33%, translating to a quarterly dividend of 27.56 cents per share. Investors would need approximately $180,447 worth of HP shares to earn $500 monthly from dividends.
May 29, 2024 | 1:02 pm
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HP Inc. is expected to report Q2 earnings of 81 cents per share and $12.6 billion in revenue. Barclays upgraded HP's rating and increased the price target to $30. HP's dividend yield is 3.33%, with a quarterly dividend of 27.56 cents per share.
The upcoming earnings report and the recent analyst upgrade are likely to positively impact HP's stock price in the short term. The dividend yield and potential for dividend income also make HP attractive to income-focused investors.
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IMPORTANCE 90
RELEVANCE 100