Hewlett-Packard Company (HPQ): Is This Dow Stock Becoming a Dividend Aristocrat?

A similar shareholder-approved house-cleaning seems in order for Hewlett-Packard Company (NYSE:HPQ) today. Add the ticker to your Foolish watchlist and wait for more news on this.

Let the right one in
Intel Corporation (NASDAQ:INTC) also declared another dividend today, steady at $0.225 per share but likely to rise in the following quarter. Why would I expect an increase? Because that’s how the chip giant rolls. Compare and contrast Intel’s serious dividend increases to HP’s halfhearted attempts:

HPQ Dividend data by YCharts.

Keep in mind that both companies face largely the same market headwinds. Intel simply crushes HP in terms of execution, and it shows in metrics like revenue and operating cash flows.

HPQ Revenue TTM data by YCharts.

That’s why I don’t expect Hewlett-Packard Company (NYSE:HPQ) ever to become a true-blue dividend aristocrat, while Intel is a champion in the making — the company simply needs to keep doing what it’s doing.

The article Is This Dow Stock Becoming a Dividend Aristocrat? originally appeared on Fool.com.

Fool contributor Anders Bylund owns shares of Intel, but he holds no other position in any company mentioned. Check out Anders’ bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Intel and Walt Disney. Motley Fool newsletter services have recommended buying shares of Intel and Walt Disney.

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