01—Abstract
Summary
Summary of the 8-K filed May 4, 2026. Cited figures are marked; the original filing is the authoritative source.
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%a Series C Mandatory Convertible Preferred Stock.
The dividend is set at $0.953125b 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.
02—Key points
Key Highlights
- HPE Board of Directors approved a cash dividend for its 7.625% Series C Mandatory Convertible Preferred Stock.
- The dividend amount is $0.953125 per share.
- The payment date for the dividend is June 1, 2026.
- The record date for determining eligible shareholders is May 15, 2026.
- This announcement is made under Regulation FD Disclosure and is not considered 'filed' for purposes of Section 18 of the Exchange Act.
- Dividend declaration is at the sole discretion of the Board and contingent on legally available sources.
03—Questions
Frequently Asked Questions
Which shareholders are eligible to receive this dividend?
Shareholders of record of HPE's 7.625% Series C Mandatory Convertible Preferred Stock as of the close of business on May 15, 2026, are eligible to receive the dividend.
When will the dividend be paid?
The cash dividend is scheduled to be paid on June 1, 2026. If this date is not a business day, payment will be made on the next succeeding business day.
Is this dividend guaranteed?
The declaration and payment of the dividend are at the sole discretion of HPE's Board of Directors. Payment is also contingent upon the availability of legally distributable funds.
Does this filing impact common stock shareholders?
This specific filing relates to the mandatory convertible preferred stock and does not directly impact common stock shareholders, other than through the company's overall financial health and capital allocation decisions which are influenced by all outstanding securities.
04—Continue