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HP declares dividend

Hewlett-Packard will offer shareholders a regular cash dividend of 8 cents a share, payable on Oct. 4.

Hewlett-Packard announced Friday that it will offer shareholders a regular cash dividend of 8 cents a share, payable on Oct. 4. The dividend, the fourth to be paid during the fiscal year, applies to shareholders of record as of Sept. 13.

The computing giant's dividend comes at a time when the company has seen its financial performance improve and its stock price rise roughly 20 percent in the past year.