Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Rhea-AI Summary
Hyperscale Data (NYSE: GPUS) has announced two significant dividend declarations. The Board approved a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, with a record date of February 28, 2025, and payment date of March 10, 2025.
Additionally, the company declared a previously deferred dividend of $0.20833 per share for its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock for January 2025, while electing to defer the February 2025 dividend. The company notes that it can defer up to 12 consecutive monthly dividend payments on Series E Preferred Stock without being considered missed, as these are cumulative dividends that accrue for future payment.
Positive
- Payment of previously deferred Series E Preferred Stock dividend
- Maintenance of Series D Preferred Stock dividend payments
Negative
- Deferral of February 2025 dividend for Series E Preferred Stock
- Continued financial strain indicated by dividend deferral decisions
Hyperscale Data Further Declares Previously Deferred Monthly Cash Dividend of
LAS VEGAS, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its Board of Directors (the “Board”) has declared a monthly cash dividend of
Link to NYSE quote for the Company’s
The Company further announced today that the Board has declared a monthly cash dividend of
In addition, the Board has elected not to declare a monthly cash dividend on the Series E Preferred Stock for the month ending February 28, 2025. The certificate of designations for the Series E Preferred Stock permits the Company to defer up to 12 consecutive monthly dividend payments on the Series E Preferred Stock without such deferrals being considered missed. The Company notes that the dividend is a cumulative dividend that accrues for payment in the future.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Hyperscale Data is transitioning from a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact to becoming solely an owner and operator of data centers to support high performance computing services. Through its wholly and majority-owned subsidiaries and strategic investments, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. It also provides, through its wholly owned subsidiary, Ault Capital Group, Inc., mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, Hyperscale Data is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; Hyperscale Data, Inc.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.hyperscaledata.com.
Hyperscale Data Investor Contact:
IR@hyperscaledata.com or 1-888-753-2235
FAQ
What is the dividend amount for GPUS Series D Preferred Stock for March 2025?
When is the record date for GPUS's March 2025 preferred stock dividends?
Has GPUS deferred any Series E Preferred Stock dividends in 2025?
How many consecutive monthly dividend payments can GPUS defer on Series E Preferred Stock?
What is the payment amount for GPUS's Series E Preferred Stock deferred January dividend?
