HPE dividend – HEWLETT PACKARD ENTERPRISE Co. Declares 0.12 Cash Dividend
March 20, 2023
Dividends Yield
On March 3 2023, HEWLETT PACKARD ENTERPRISE ($NYSE:HPE) Co. declared a 0.12 cash dividend per share. This is the fourth consecutive year the company has offered a dividend to its investors, with the annual dividend per share having been 0.48 USD for the last three years. This amounts to an average yield of 3.24%, making it an attractive potential investment for those looking for dividend stocks.
If you are interested in investing in HEWLETT PACKARD ENTERPRISE, you should be aware that the ex-dividend date for 2023 is March 16. This means any shares bought on or after this date will not qualify for a dividend.
Share Price
The stock opened at $15.9 and closed at $15.3, down 1.4% from the previous closing price of 15.5. This dividend declaration reflects the company’s commitment to rewarding its shareholders for their loyalty and demonstrates its confidence in its financial stability. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HPE. More…
| Total Revenues | Net Income | Net Margin |
| 29.34k | 856 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HPE. More…
| Operations | Investing | Financing |
| 3.84k | -2.99k | -2.14k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HPE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 55.59k | 35.53k | 15.43 |
Key Ratios Snapshot
Some of the financial key ratios for HPE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.9% | -2.2% | 4.1% |
| FCF Margin | ROE | ROA |
| 1.9% | 3.8% | 1.4% |
Analysis – HPE Intrinsic Value
GoodWhale has completed an analysis of HEWLETT PACKARD ENTERPRISE’s financials, and our proprietary Valuation Line suggests that the company’s intrinsic value per share is approximately $13.2. Currently, the stock is being traded for $15.3, making it a fair but slightly overvalued price. Our analysis shows that HEWLETT PACKARD ENTERPRISE stock is currently overvalued by 16.0%. More…
Peers
The competition between Hewlett Packard Enterprise Co and its competitors, Dawning Information Industry Co Ltd, Eastern Communications Co Ltd, and Accton Technology Corp, is fierce. All four companies have invested heavily in research and development to stay ahead of the competition in the ever-evolving technology industry. Each company is striving to create innovative products and services that will give them an edge over their rivals. As the competition continues to heat up, each company is sure to bring their best to the table.
– Dawning Information Industry Co Ltd ($SHSE:603019)
Dawning Information Industry Co Ltd is a Chinese company that provides information technology and services. The company has a market cap of 32.11B as of 2022, making it one of the largest companies in its sector. Its Return on Equity (ROE) is 7.36%, which is relatively high compared to other companies in the same industry. The company’s ROE is a measure of how efficiently the company uses its resources to generate profits, and its market cap is an indication of the company’s size and value to investors.
– Eastern Communications Co Ltd ($SHSE:600776)
Eastern Communications Co Ltd is a telecommunications company that provides cable television, internet, phone services, and other related products and services. The company has a market capitalization of 9.62 billion as of 2022, which indicates its size and scope in the industry. Eastern Communications also boasts a Return on Equity of 2.34%, indicating its financial strength and ability to generate profits for its shareholders. This indicates that the company is performing well and is a promising investment opportunity.
– Accton Technology Corp ($TWSE:2345)
Accton Technology Corp is a leader in the networking and communications industry, providing innovative solutions for the global marketplace. It has a market capitalization of 141.69 billion as of 2022, reflecting its size and market position. The company’s Return on Equity (ROE) of 34.76% indicates the ability to generate profits from every dollar of shareholder equity. This is an impressive figure that demonstrates Accton’s ability to effectively utilize its assets and resources. The company has continued to develop innovative products and services for customers around the world, helping to cement its place as a leader in the industry.
Summary
Hewlett Packard Enterprise (HPE) is an attractive investment option due to its consistent dividend payout and generous yield. Over the past three years, HPE has issued an annual dividend per share of 0.48 USD, with an average yield of 3.24%. Analysts anticipate that HPE’s strong cash position and resilient portfolio of market-leading products will continue to drive long-term growth.
In addition, HPE’s numerous partnerships with industry giants such as Microsoft and AMD could open up fresh avenues of growth in the future. Overall, HPE is a sound long-term investment option with attractive dividend yield and upside potential.
