Hewlett Packard Enterprise Company (NYSE:HPE) Plans Dividend Increase – $0.14 Per Share

Hewlett Packard Enterprise Company (NYSE:HPE) declared a quarterly dividend on Thursday, December 4th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.1425 per share by the technology company on Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, December 19th. This is a 9.6% increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13.

Hewlett Packard Enterprise has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. Hewlett Packard Enterprise has a dividend payout ratio of 25.2% indicating that its dividend is sufficiently covered by earnings. Equities 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 $0.52 annual dividend with an expected future payout ratio of 25.7%.

Hewlett Packard Enterprise Stock Up 2.9%

Hewlett Packard Enterprise stock opened at $22.91 on Friday. The company has a 50 day moving average of $23.30 and a 200-day moving average of $21.58. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. Hewlett Packard Enterprise has a twelve month low of $11.97 and a twelve month high of $26.44. The stock has a market capitalization of $30.22 billion, a PE ratio of 27.93, a price-to-earnings-growth ratio of 0.90 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the business posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. On average, equities research analysts anticipate that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.