$GPUSJun 18, 2026, 10:03 AMAI processed
Hyperscale Data (GPUS) declares monthly cash dividends on Series D and Series E preferreds
AI Summary
Hyperscale Data (NYSE American: GPUS) said its board declared a monthly cash dividend of $0.2708333 per share on its 13.00% Series D cumulative redeemable perpetual preferred and $0.20833 per share on its 10.00% Series E preferred. The record date for both dividends is June 30, 2026 and the payment date is July 10, 2026; these are cash obligations on the preferred securities (no common dividend was announced). The company also reiterated that it expects to divest Ault Capital Group in Q2 2027, which it says will change the firm's structure and holdings.
Positives
- Board declared monthly cash dividends: $0.2708333 (Series D) and $0.20833 (Series E)
- Record date June 30, 2026 and payment date July 10, 2026
- Series carry stated coupon rates (13.00% Series D, 10.00% Series E), providing a fixed cash yield on those preferreds
Negatives
- Dividends apply only to preferred shares; no dividend for common stock was announced
- Preferreds are cumulative redeemable perpetual instruments, representing an ongoing cash obligation until redeemed
- Planned divestiture of Ault Capital Group in Q2 2027 could materially change the company's asset mix and capital structure