PALO ALTO, Calif.--(BUSINESS WIRE)--May 19, 2006--The board of directors of HP (NYSE:HPQ)(Nasdaq:HPQ) has declared a regular cash dividend of 8 cents per share on the company's common stock.

The dividend, the third in HP's fiscal year 2006, is payable on July 5, 2006, to stockholders of record as of the close of business on June 14, 2006.

HP has approximately 2.9 billion shares of common stock outstanding.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2006, HP revenue totaled $88.9 billion. More information about HP is available at www.hp.com.

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(C) 2006 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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SOURCE: Hewlett-Packard Company