HPE (NYSE: HPE) sets $0.953125 Series C preferred dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Hewlett Packard Enterprise Company announced that its Board of Directors approved a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend is payable on March 1, 2026 to holders of record as of the close of business on February 15, 2026.
If the payment date is not a business day, the dividend will be paid on the next business day without any additional interest. The declaration and payment of this dividend remain at the sole discretion of the Board and must come from legally available sources.
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8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
FAQ
What dividend did HPE (HPE) declare on its Series C preferred stock?
Hewlett Packard Enterprise declared a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. This reflects the regular cash distribution tied to that preferred security’s terms, as approved by the company’s Board of Directors.
When will HPE (HPE) pay the Series C preferred dividend?
HPE will pay the Series C preferred dividend on March 1, 2026. If that date is not a business day, the payment will occur on the next business day, with no extra interest or compensation for the short delay in payment timing.
What is the record date for HPE’s Series C preferred dividend?
The record date for HPE’s Series C preferred dividend is the close of business on February 15, 2026. Investors holding the 7.625% Series C Mandatory Convertible Preferred Stock on that date will be entitled to receive the declared cash dividend.
Is HPE’s Series C preferred dividend guaranteed each quarter?
The Series C preferred dividend is not automatically guaranteed. The filing states that declaration and payment are at the sole discretion of HPE’s Board of Directors and must be made from legally available sources before any dividend is actually paid.
Does HPE pay interest if the Series C dividend date is delayed?
No, HPE will not pay interest if the dividend date falls on a non-business day. In that case, the 7.625% Series C Mandatory Convertible Preferred dividend will be paid on the next succeeding business day without any additional interest or other compensation.