Hewlett Packard Enterprise Company (HPE) to Issue Quarterly Dividend of $0.14 on April 23rd

Hewlett Packard Enterprise Company (NYSE:HPE) announced a quarterly dividend on Monday, March 9th. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.1425 per share by the technology company on Thursday, April 23rd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, March 24th.

Hewlett Packard Enterprise has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 2 years. Hewlett Packard Enterprise has a payout ratio of 27.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Hewlett Packard Enterprise to earn $2.02 per share next year, which means the company should continue to be able to cover its $0.57 annual dividend with an expected future payout ratio of 28.2%.

Hewlett Packard Enterprise Trading Down 2.0%

NYSE:HPE opened at $21.69 on Friday. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 year high of $26.44. The stock’s fifty day moving average price is $21.79 and its two-hundred day moving average price is $23.02. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The company has a market cap of $28.77 billion, a P/E ratio of -114.14, a P/E/G ratio of 0.55 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.