Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
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Hyperscale Data has announced a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. However, the company has deferred the dividend for its Series E preferred stock.
January 17, 2025 | 11:45 am
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NEUTRAL IMPACT
Hyperscale Data has declared a monthly cash dividend for its Series D preferred stock, but deferred the Series E dividend.
The declaration of a dividend for Series D preferred stock is positive for investors holding this stock, as it indicates a return on investment. However, the deferral of the Series E dividend may raise concerns about the company's cash flow or financial strategy, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100