“Hewlett-Packard Co. (HPQ), the world’s biggest personal-computer maker, authorized a 10 percent increase in its quarterly dividend, which the company expects to declare in May.
The current dividend, payable on April 3, will remain at 13.2 cents a share, the Palo Alto California-based company said today in a statement. Hewlett-Packard last raised its dividend in 2012, also by 10 percent.
The payout increase comes a day after Chairman Ray Lane and two other board members were re-elected in slim majorities in a referendum that demonstrates growing dismay over the company’s performance and acquisition of Autonomy Corp….”
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