Summary
Hewlett Packard Enterprise Company (HPE) announced on April 30, 2025, a cash dividend payment for its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend is set at $0.953125 per share and is scheduled to be paid on June 1, 2025, to shareholders of record as of May 15, 2025. This disclosure, made under Item 7.01 Regulation FD, is for informational purposes and does not constitute a filing for Section 18 of the Securities Exchange Act of 1934.
Key Highlights
- 1HPE declared a cash dividend for its Series C Mandatory Convertible Preferred Stock.
- 2The dividend amount is $0.953125 per share.
- 3The payment date for the dividend is June 1, 2025.
- 4Record date for the dividend is May 15, 2025.
- 5The declaration and payment of dividends are subject to the discretion of the Board of Directors and legally available funds.
- 6This information is provided under Regulation FD and is not considered 'filed' for Section 18 purposes.
Frequently Asked Questions
This dividend is specifically for the 7.625% Series C Mandatory Convertible Preferred Stock of Hewlett Packard Enterprise Company (HPE).
The dividend is scheduled to be paid on June 1, 2025. If this date is not a business day, payment will be made on the next succeeding business day.
Shareholders who are holders of record of the 7.625% Series C Mandatory Convertible Preferred Stock as of the close of business on May 15, 2025, will be eligible to receive the dividend.
The declaration and payment of dividends are at the sole discretion of HPE's Board of Directors and are contingent upon the availability of legally available sources for payment. Therefore, while declared, its actual payment is subject to these conditions.