How To Earn $500 A Month From Hewlett Packard Enterprise Stock Ahead Of Q3 Earnings Report
Portfolio Pulse from Avi Kapoor
Hewlett Packard Enterprise (HPE) is set to release its Q3 earnings report, with expected earnings of 47 cents per share and revenue of $7.66 billion. The company recently agreed to acquire Morpheus Data. HPE offers a dividend yield of 2.74%, translating to a quarterly dividend of 13 cents per share. To earn $500 monthly from dividends, an investor would need approximately 11,538 shares, worth around $219,914. HPE shares recently fell 1.6% to $19.06.
September 04, 2024 | 12:29 pm
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Hewlett Packard Enterprise is expected to report Q3 earnings of 47 cents per share, down from last year. The company recently acquired Morpheus Data and offers a 2.74% dividend yield. Shares fell 1.6% to $19.06.
The upcoming earnings report and recent acquisition are significant events for HPE. The expected decrease in EPS might concern investors, but the acquisition could be seen as a strategic move. The dividend yield provides a steady income, but the recent drop in share price indicates market uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100