12. Will I still receive my HP cash dividend on HP shares?
In May, the Board of Directors of HP declared a regular cash dividend of 16 cents per share on the company’s common stock. This dividend, the third in HP’s fiscal year 2000, is payable on July 12, 2000 to shareowners of record on June 21, 2000. So, if you are an HP shareowner of record as of June 21, 2000, you will receive the cash dividend.
In the future, payment and amount of dividends by HP will continue to be subject to the discretion of the board of directors and will depend on results of operations, financial conditions, cash requirements, future prospects and other factors deemed relevant by the board.