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Market Impact: 0.12
Hewlett Packard Enterprise's Series C Preferred Stock Yield Pushes Past 3%
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Company FundamentalsCredit & Bond Markets
Hewlett Packard Enterprise’s 7.625% Series C mandatory convertible preferred (HPE.PRC) traded with a dividend-implied yield above 3%, based on a quarterly dividend annualized to $3.8125. Shares changed hands as low as $118.62 during Thursday trading, suggesting limited information impact beyond typical price/yield fluctuations for the preferred issue.
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