Hewlett Packard Enterprise Company (HPE) To Go Ex-Dividend on June 16th

Hewlett Packard Enterprise Company (NYSE:HPEGet Free Report) declared a quarterly dividend on Monday, June 1st. Stockholders of record on Tuesday, June 16th will be given a dividend of 0.1425 per share by the technology company on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th.

Hewlett Packard Enterprise has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Hewlett Packard Enterprise has a dividend payout ratio of 27.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Hewlett Packard Enterprise to earn $3.56 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 16.0%.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $48.20 on Friday. The stock has a market cap of $63.82 billion, a P/E ratio of 45.04, a price-to-earnings-growth ratio of 0.52 and a beta of 1.42. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The stock has a 50 day moving average of $34.03 and a 200-day moving average of $26.58. Hewlett Packard Enterprise has a 52 week low of $17.49 and a 52 week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last released its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business’s revenue was up 40.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.82) EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. On average, analysts expect that Hewlett Packard Enterprise will post 2.88 EPS for the current fiscal year.

About Hewlett Packard Enterprise

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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.

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Dividend History for Hewlett Packard Enterprise (NYSE:HPE)

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