This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

HP Boosts Dividend by 10%: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include Hewlett-Packard (HPQ - Get Report) after the company announced a 10% increase in its quarterly dividend.

The company raised its dividend to 14.52 cents from 13.2 cents. It will go into effect with the next dividend declaration, which is expected to be in May.

HP's previously announced dividend payable on April 3, for stockholders of record on March 13, won't be increased. That dividend will remain at 13.2 cents a share.

HP has about 2 billion shares of common stock outstanding.

Despite calls to oust some of the company's directors by two shareholder advisory services, HP shareholders re-elected all the directors on Wednesday at the company's annual meeting.






AstraZeneca (AZN - Get Report) is trending as the drugmaker announced it will cut an additional 2,300 jobs.

The company said the cuts will take place among its sales representatives. They come on top of 1,600 jobs the company announced it would eliminate in research and development on March 18.

AstraZeneca said it expects to incur $2.3 billion in one-time restructuring charges. It anticipates $800 million in cost savings per year after 2016.

The company also plans to narrow its drug research focus, concentrating on respiratory, inflammation and autoimmune diseases, cardiovascular and metabolic illnesses and cancer.






Lufthansa is another popular search. The airline canceled nearly 40% of its flights on Thursday as its staff went on strike.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AZN $71.79 0.00%
HPQ $33.26 0.00%
AAPL $132.10 1.90%
FB $81.55 -1.00%
GOOG $565.06 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs