Lenovo (NASDAQOTH: LNVGY) and HP (NYSE: HPQ) are the two largest PC makers in the world. Lenovo controlled 20.7% of the world’s PC market in 2016, according to Gartner, up from 19.9% in 2015. HP’s share grew from 18.3% to 19.4% during that period.
Lenovo and HP are often mentioned in the same breath, but the two companies have very different models for business and dividend payments. Let’s take a closer look at Lenovo and HP’s businesses to see which company is a better play for income investors.