HP Board Increases Regular Dividend by 10 Percent

Thu Mar 21, 2013 7:45am EDT

* Reuters is not responsible for the content in this press release.

  PALO ALTO, CA, Mar 21 (Marketwire) -- 
HP (NYSE: HPQ) today announced that the HP board of directors has
authorized a 10 percent increase in the amount of its regular quarterly
dividend, to $0.1452 per share. 

    The increase in the amount of the dividend will be effective when the HP
board of directors declares HP's next dividend, which is expected to
occur in May. The company's previously announced dividend payable on
April 3, 2013, for stockholders of record on March 13, 2013, will not be
increased and will remain at $0.132 per share.

    HP has approximately 2 billion shares of common stock outstanding.

    About HP
 HP creates new possibilities for technology to have a
meaningful impact on people, businesses, governments and society. The
world's largest technology company, HP brings together a portfolio that
spans printing, personal computing, software, services and IT
infrastructure to solve customer problems. More information about HP is
available at http://www.hp.com.

    Copyright 2013 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. HP shall not be
liable for technical or editorial errors or omissions contained herein.


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