---
title: "Hewlett Packard Enterprise's Series C Preferred Stock Yield Pushes Past 5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283880429.md"
description: "Hewlett Packard Enterprise's 7.625% Series C Mandatory Convertible Preferred Stock (HPE.PRC) yielded over 5% on Thursday, with shares trading as low as $74.17. This yield surpasses the average of 4.78% in the Technology category. HPE.PRC is trading at a 52.94% premium to its liquidation preference, compared to the average premium of 31.92%. The preferred shares are convertible with a ratio of 2.5352 - 3.1056. On the day, HPE.PRC was down 2.8%, while common shares (HPE) fell 1.8%."
datetime: "2026-04-23T19:10:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283880429.md)
  - [en](https://longbridge.com/en/news/283880429.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283880429.md)
---

# Hewlett Packard Enterprise's Series C Preferred Stock Yield Pushes Past 5%

In trading on Thursday, shares of Hewlett Packard Enterprise Co's 7.625% Series C Mandatory Convertible Preferred Stock (Symbol: HPE.PRC) were yielding above the 5% mark based on its quarterly dividend (annualized to $3.8125), with shares changing hands as low as $74.17 on the day. This compares to an average yield of 4.78% in the "Technology" preferred stock category, according to Preferred Stock Channel. As of last close, HPE.PRC was trading at a 52.94% premium to its liquidation preference amount, versus the average premium of 31.92% in the "Technology" category. It should be noted that the preferred shares are _convertible_, with a conversion ratio of 2.5352 - 3.1056.

Below is a dividend history chart for HPE.PRC, showing historical dividend payments on Hewlett Packard Enterprise Co's 7.625% Series C Mandatory Convertible Preferred Stock:

* * *

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In Thursday trading, Hewlett Packard Enterprise Co's 7.625% Series C Mandatory Convertible Preferred Stock (Symbol: HPE.PRC) is currently down about 2.8% on the day, while the common shares (Symbol: HPE) are down about 1.8%.

 Click here to find out the 50 highest yielding preferreds »

##### Also see:

• Canadian Stocks Crossing Above Their 200 Day Moving Avg  
• Institutional Holders of ELFY  
• Top Dividend Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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