Dividend Growth of Hewlett Packard Enterprise Company(HPE)

Hewlett Packard Enterprise Company(HPE) is having a Dividend Yield of 1.07% with the Annual cash Dividend per share of $0.22. The last quarter cash dividend per share pay out was $0.07. and the stock has a Indicated annual dividend of $0.26. Hewlett Packard Enterprise Company(HPE) formally announced its most recent dividend on January 26, 2017 with a Dividend per share of $0.07. The new indicated annual dividend based on announced dividend per share is $0.26. The dividend yield based on the forward looking indicated annual dividend is 1.07%. Hewlett Packard Enterprise Company(HPE) has the most recent dividend payout ratio of 0.11 with a 5-year average payout ratio of .

Hewlett Packard Enterprise Company (NYSE:HPE) witnessed a decline in the market cap on Thursday as its shares dropped 0.21% or 0.05 points. After the session commenced at $24.37, the stock reached the higher end at $24.48 while it hit a low of $24.21. With the volume soaring to 6,849,111 shares, the last trade was called at $24.33. The company has a 52-week high of $24.79. The company has a market cap of $40,505 million and there are 1,664,817,200 shares in outstanding. The 52-week low of the share price is $12.27. Shares of Hewlett Packard Enterprise Company rose by 1.04% in the last five trading days and 6.43% for the last 4 weeks. Hewlett Packard Enterprise Company is up 4.21% in the last 3-month period. Year-to-Date the stock performance stands at 5.14%.

Currently the company Insiders own 0.87% of Hewlett Packard Enterprise Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.36% . Institutional Investors own 79.1% of Hewlett Packard Enterprise Company shares. During last six month period, the net percent change held by insiders has seen a change of -45.63%. Company has reported several Insider transactions to the SEC, on Dec 19, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 4,999 shares at 23.46 per share price.On Dec 15, 2016, Antonio F Neri (EVP and GM EG) sold 151,222 shares at 23.75 per share price.On Dec 15, 2016, Kirt P Karros (SVP, Finance & Treasurer) sold 3,191 shares at 23.75 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Hewlett Packard Enterprise Co was Initiated by Guggenheim to Neutral on Jan 4, 2017. Company shares were Reiterated by Maxim Group on Dec 5, 2016 to Hold, Raises Price Target to $ 25 from a previous price target of $22 .Hewlett Packard Enterprise Co was Initiated by Gabelli & Co on Dec 5, 2016 to Buy, Price Target of the shares are set at $29.Company shares were Reiterated by Mizuho on Nov 23, 2016 to Neutral, Raises Price Target to $ 22 from a previous price target of $20 .

Hewlett Packard Enterprise Co Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.60. The company had revenue of $12478.00 million for the quarter, compared to analysts expectations of $12828.99 million. The companys revenue was down -7.2 % compared to the same quarter last year.

Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the companys largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.

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