Hewlett Packard Enterprise Company (HPE, Financial) announced that its Board of Directors has approved the declaration of dividends on its 7.625% Series C Mandatory Convertible Preferred Stock. The dividend of $0.953125 per share is expected to be paid on March 1, 2025. Stockholders of record as of the close of business on February 15, 2025 are eligible to receive this dividend.
If the dividend payment date falls on a holiday, it will be deferred to the next business day. Importantly, this delay does not result in interest or additional payments. The determination of the declaration and distribution of such dividends is at the discretion of the Board of Directors and is subject to the availability of legally permissible sources of payment.
This announcement reflects Hewlett Packard Enterprise’s continued commitment to delivering returns to shareholders while maintaining financial prudence. Investors and stakeholders are encouraged to stay informed of future developments from the company.
Should you invest in Hewlett Packard Enterprise Co (HPE, Financials) right now? Before you do, it’s important to understand the business’ profitability and the stock’s valuation, and find out what the warning signs are . Click here for detailed stock research on Hewlett Packard Enterprise Co (HPE).
