Company: HP Inc. (HPQ)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing. -Morningstar.com-
Symbol: HPQ
Recent Price: $32.89
Dividends: $1.10
Yield: 3.34%
Sector: Technology
Industry: Computer Hardware
Address & Company Phone #: 1501 Page Mill Road Palo Alto CA 94304, 650-857-1501
Transfer Agent: Equiniti Group plc. 800-286-5977
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: 5% of amount invested up (to $3)+6¢/sh. Cash: $5+6¢/sh. Cert: Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $39.52, $25.22