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HP declares regular dividend

The Hewlett Packard board of directors have declared a regular cash dividend of 13.2 cents per share on the company’s common stock.

The dividend, the second in HP’s fiscal year 2013, is payable on April 3, 2013, to stockholders of record as of the close of business on March 13, 2013.

With approximately two billion shares of common stock outstanding, the news comes a week after the company announced cuts in their Autonomy business unit.

Aiming to redirect the company down a new path, around 70 people are expected to lose their jobs, mostly in the sales department.