HP declares dividend, dual stock listing

Hewlett-Packard said Friday that it will distribute on April 7 a dividend of 8 cents per share to shareholders, the second dividend this fiscal year. The dividend will be issued for shareholders who own stock at the close of business on March 17. HP has about $3 billion shares of common stock outstanding.

Separately, the Palo Alto, Calif.-based computer equipment and electronics company said this week it has applied to have its stock listed for trade on the Nasdaq stock market. The company will continue to list its stock on the New York Stock Exchange as well. The Nasdaq listing is expected to take effect in coming weeks, HP said.