Summary
Hewlett Packard Enterprise Company (HPE) announced on May 4, 2026, through an 8-K filing, the approval of a cash dividend 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, 2026, to shareholders of record as of the close of business on May 15, 2026. This declaration reflects a routine corporate action related to preferred stock obligations. Investors holding this specific series of preferred stock should note the ex-dividend date and the payment date to ensure they receive the declared dividend. It's important for investors to understand that dividend declarations are subject to the Board of Directors' discretion and the availability of legally permissible funds for payment.
Key Highlights
- 1HPE Board of Directors approved a cash dividend for its 7.625% Series C Mandatory Convertible Preferred Stock.
- 2The dividend amount is $0.953125 per share.
- 3The payment date for the dividend is June 1, 2026.
- 4The record date for determining eligible shareholders is May 15, 2026.
- 5This announcement is made under Regulation FD Disclosure and is not considered 'filed' for purposes of Section 18 of the Exchange Act.
- 6Dividend declaration is at the sole discretion of the Board and contingent on legally available sources.