PALO ALTO, CA--(Marketwired - Mar 20, 2014) - HP (NYSE: HPQ) today announced that the HP board of directors has authorized a 10.2 percent increase in the amount of its regular quarterly dividend, to $0.16 per share.

The increase in the amount of the dividend will be effective when the HP board of directors declares HP's next dividend, which is expected to occur in May. HP's previously announced dividend, payable on April 2, 2014, to stockholders of record on March 12, 2014, will not be increased and will remain at 14.52 cents per share.

HP has approximately 1.9 billion shares of common stock outstanding.

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