Hewlett Packard Enterprise (HPE) Declares Dividend on Series C Preferred Stock

Board Approves Dividend Payment for Series C Mandatory Convertible Preferred Stock

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Nov 08, 2024
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Hewlett Packard Enterprise Company (HPE, Financial) has announced that its Board of Directors has approved a dividend declaration for its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend, amounting to $0.82604167 per share, is scheduled for payment on December 1, 2024. Shareholders who are recorded as of the close of business on November 15, 2024, will be eligible to receive this dividend.

The decision to declare and pay this dividend is at the discretion of the Board of Directors and is contingent upon the availability of legally permissible sources for the payment. This announcement underscores HPE's commitment to providing returns to its investors while maintaining a strategic approach to capital allocation.

Investors and stakeholders are encouraged to stay informed about HPE's financial decisions and performance, as these can have significant implications for the company's future growth and shareholder value.

Should you invest in Hewlett Packard Enterprise Co (HPE, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Hewlett Packard Enterprise Co (HPE) stock research here.

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