Dividend set on HPE (NYSE: HPE) 7.625% Series C preferred
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Hewlett Packard Enterprise Company announced that its Board of Directors approved a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend is payable on June 1, 2026 to holders of record at the close of business on May 15, 2026.
The company notes that if the scheduled payment date is not a business day, payment will be made on the next business day without any additional interest. The declaration and payment of this dividend remain at the sole discretion of the Board and must be made from legally available sources.
Positive
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Negative
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8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Key Figures
Preferred dividend per share: $0.953125 per share
Preferred dividend rate: 7.625%
Dividend payment date: June 1, 2026
+1 more
4 metrics
Preferred dividend per share
$0.953125 per share
Cash dividend on 7.625% Series C Mandatory Convertible Preferred Stock
Preferred dividend rate
7.625%
Series C Mandatory Convertible Preferred Stock coupon rate
Dividend payment date
June 1, 2026
Scheduled payment date for declared preferred dividend
Dividend record date
May 15, 2026
Holders of record on this date receive the dividend
Key Terms
7.625% Series C Mandatory Convertible Preferred Stock, cash dividend, holders of record, legally available sources, +1 more
5 terms
7.625% Series C Mandatory Convertible Preferred Stock financial
"a cash dividend of $0.953125 per share of its 7.625% Series C Mandatory Convertible Preferred Stock"
cash dividend financial
"approved declaring a cash dividend of $0.953125 per share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
holders of record financial
"payable on June 1, 2026, to holders of record as of the close of business on May 15, 2026"
Names listed on a company’s official register at a specific cut-off date who are legally entitled to receive dividends, vote on corporate matters, or participate in other shareholder actions. Think of it like a guest list for an event: only those on the list at the snapshot time get the invitation or benefits, so investors watch the record date to know whether they will receive payouts or voting rights for a given corporate action.
legally available sources financial
"must be declared by the Board of Directors out of legally available sources prior to payment"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What dividend did Hewlett Packard Enterprise (HPE) declare on its preferred stock?
Hewlett Packard Enterprise’s Board approved a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. This reflects the regular cash distribution tied to that preferred series, subject to Board discretion and legally available funds.
When will HPE pay the dividend on its 7.625% Series C Mandatory Convertible Preferred Stock?
The dividend on HPE’s 7.625% Series C Mandatory Convertible Preferred Stock is scheduled to be paid on June 1, 2026. If that date is not a business day, payment will occur on the next business day without any additional interest or compensation for the delay.
What is the record date for HPE’s June 2026 preferred dividend?
Holders of HPE’s 7.625% Series C Mandatory Convertible Preferred Stock must be on record by the close of business on May 15, 2026 to receive the June 1, 2026 dividend. Only shareholders of record on that date will be entitled to the declared cash payment.
Is HPE’s preferred dividend automatically paid each period?
No. HPE states that declaring and paying the dividend is at the sole discretion of its Board of Directors. Each dividend must be separately declared out of legally available sources before payment, so future dividends are not guaranteed by this announcement alone.
Does the HPE 8-K make the preferred dividend information legally filed?
No. HPE specifies that the information in Item 7.01 of this report is not deemed “filed” under Section 18 of the Exchange Act. It also is not automatically incorporated by reference into Securities Act filings, limiting certain liability and cross‑reference effects.