HP Inc.
HPQ (NYSE)
HP Inc. (HPQ) stands out as a compelling investment for those seeking reliable income, boasting a dividend yield of 4.60%. While the stock has faced challenges with a 1-year return of -41.88% and a 5-year return of -22.05%, analysts project steady earnings growth of 1.7% per year and an impressive 5% annual increase in EPS over the next few years. The median price target of $22.50, coupled with its high dividend yield, underscores its potential as a dividend-growth stock from a financially healthy company.
Pros:
- High dividend yield
- Strong historical performance over 10 years
Cons:
- Significant recent stock decline
- Market concerns over demand and costs
HP Inc. (HPQ) may be suitable for income-focused investors looking for a high dividend yield, despite recent stock performance challenges. With projected earnings growth and a stable dividend, it could serve as a conservative addition to a diversified portfolio, particularly for those prioritizing income over capital appreciation.