HP Inc. (NYSE:HPQ – Get Free Report) announced a quarterly dividend on Tuesday, January 27th. HP has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 15 years. HP has a payout ratio of 32.6% indicating that its dividend is sufficiently covered by earnings. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.77. Founded from the original Hewlett?Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.