Summary
Hewlett Packard Enterprise Company (HPE) announced on January 14, 2025, through an 8-K filing, that its Board of Directors has approved a quarterly dividend for its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend amount is set at $0.953125 per share and is scheduled to be paid on March 1, 2025, to shareholders of record as of February 15, 2025. This announcement primarily concerns the distribution of dividends to preferred stockholders. Investors holding this specific series of preferred stock should note the record and payment dates for this upcoming distribution. It is important to remember that the declaration and payment of dividends remain at the discretion of the Board and are contingent upon the availability of legally permissible funds for distribution.
Key Highlights
- 1HPE's Board of Directors approved a dividend for its 7.625% Series C Mandatory Convertible Preferred Stock.
- 2The dividend amount is $0.953125 per share.
- 3The dividend payment date is scheduled for March 1, 2025.
- 4Shareholders of record as of the close of business on February 15, 2025, will receive the dividend.
- 5The declaration and payment of dividends are at the sole discretion of the Board of Directors.
- 6Dividend payments are subject to the availability of legally available sources.