Hewlett Packard Enterprise (NYSE: HPE) declares $0.953125 Series C dividend
Rhea-AI Filing Summary
Hewlett Packard Enterprise Company approved a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend is payable on September 1, 2026 to holders of record at the close of business on August 15, 2026.
If the scheduled payment date is not a business day, payment will be made on the next succeeding business day without additional interest or other amounts. The declaration and payment of this dividend remain at the sole discretion of the Board of Directors and must come from legally available sources.
Positive
- None.
Negative
- None.
Filing Explained
The August 4 8-K places the dividend announcement in Item 7.01; the disclosure is not treated as “filed” for Section 18 purposes and is not incorporated by reference into the company’s Securities Act filings.
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 stock dividend rate: 7.625%
Dividend payment date: September 1, 2026
+1 more
4 metrics
Preferred dividend per share
$0.953125 per share
Cash dividend declared on 7.625% Series C Mandatory Convertible Preferred Stock
Preferred stock dividend rate
7.625%
Rate of Series C Mandatory Convertible Preferred Stock referenced in the dividend declaration
Dividend payment date
September 1, 2026
Scheduled payment date for the declared preferred dividend
Record date
August 15, 2026
Close of business record date to determine eligible preferred shareholders
Key Terms
7.625% Series C Mandatory Convertible Preferred Stock, holders of record, business day, legally available sources
4 terms
7.625% Series C Mandatory Convertible Preferred Stock financial
"cash dividend of $0.953125 per share of its 7.625% Series C Mandatory Convertible Preferred Stock"
holders of record financial
"payable on September 1, 2026, to holders of record as of the close of business"
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.
business day financial
"If the dividend payment date is not a business day, payment will be made"
A business day is any weekday when banks, stock exchanges and most government offices are open for normal operations, excluding weekends and public holidays. For investors it matters because transaction timing, settlement of trades, filing deadlines and interest calculations are all measured in business days—think of it as the financial world’s working calendar that determines when money moves and official actions take effect.
legally available sources financial
"must be declared by the Board of Directors out of legally available sources prior to payment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dividend did HPE (HPE) declare on its Series C preferred stock?
Hewlett Packard Enterprise declared a cash dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend applies to each preferred share held by shareholders of record as of the specified August 15, 2026 record date.
When will HPE (HPE) pay the declared preferred dividend?
The preferred dividend is scheduled to be paid on September 1, 2026. If that day is not a business day, HPE will pay the dividend on the next succeeding business day, with no additional interest or other payment in lieu of interest for the delay.
Which HPE (HPE) security is affected by this dividend announcement?
The dividend applies specifically to HPE’s 7.625% Series C Mandatory Convertible Preferred Stock. The company’s common stock and other securities are not mentioned in this dividend action, which is limited to this particular preferred stock series and its outstanding shares.
Is the HPE (HPE) preferred dividend guaranteed to be paid once announced?
The company states that declaration and payment of the dividend are at the sole discretion of the Board of Directors. The dividend must also be declared out of legally available sources before payment, so future payments depend on board decisions and applicable law.