Hewlett Packard Enterprise Company (NYSE:HPE) to Issue $0.14 Quarterly Dividend

Hewlett Packard Enterprise Company (NYSE:HPEGet Free Report) announced a quarterly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 17th will be given a dividend of 0.1425 per share by the technology company on Friday, October 16th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 17th.

Hewlett Packard Enterprise has increased its dividend payment 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. Equities research analysts expect Hewlett Packard Enterprise to earn $3.63 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 15.7%.

Hewlett Packard Enterprise Trading Up 1.9%

Shares of NYSE HPE opened at $51.85 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. The firm has a market capitalization of $68.66 billion, a P/E ratio of 48.46, a P/E/G ratio of 0.54 and a beta of 1.43. The company’s 50 day simple moving average is $49.63 and its 200 day simple moving average is $37.46.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period last year, the business posted $0.44 earnings per share. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, analysts predict that Hewlett Packard Enterprise will post 2.92 EPS for the current year.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

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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