Hyperscale Data Declares Monthly Preferred Stock Dividend
LAS VEGAS, NV – In a recent press release, Hyperscale Data, Inc. announced that its Board of Directors has declared a monthly cash dividend for the holders of its 13.00% Series D Cumulative Redeemable Perprearable Preferred Stock. The dividend amount is set at $0.2708333 per share.
Impact on Shareholders
This dividend declaration is positive news for Hyperscale Data’s preferred stockholders. With a dividend rate of 13.00%, these investors will receive a steady income stream. The record date for this dividend is March 31, 2025, meaning that all shareholders of record on that date will be eligible to receive the dividend payment on April 10, 2025.
Impact on the Economy
The declaration of a monthly dividend by Hyperscale Data can have a positive impact on the economy. Preferred stock dividends are payments made to preferred stockholders before common stockholders receive any dividends. This means that the funds distributed as dividends will go directly into the hands of preferred stockholders, who can then spend the money in the economy. Additionally, the consistent dividend payments can make Hyperscale Data’s preferred stock an attractive investment option, potentially leading to increased demand for the stock and higher prices.
Additional Information
According to other online sources, Hyperscale Data is a diversified holding company that operates in various industries, including technology, real estate, and financial services. The Company’s stock is traded on the NYSE American exchange under the symbol GPUS. This dividend declaration is in line with Hyperscale Data’s history of paying dividends to its preferred stockholders.
Conclusion
In conclusion, Hyperscale Data’s declaration of a monthly cash dividend for its Series D Preferred Stock is a positive development for the Company’s preferred stockholders. The consistent dividend payments can provide a steady income stream and make the stock an attractive investment option. Furthermore, the distribution of these funds into the economy can have a positive impact on the overall economic conditions.
- Hyperscale Data declares monthly cash dividend for Series D Preferred Stock
- Dividend amount is $0.2708333 per share
- Record date is March 31, 2025, and payment date is April 10, 2025
- Positive impact on preferred stockholders
- Consistent dividend payments can make Hyperscale Data’s preferred stock an attractive investment option
- Distribution of funds into the economy can have a positive impact on overall economic conditions
