Hyperscale Data Announces Dividend Payments
Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence data center company anchored by Bitcoin, declared a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock and $0.20833 per share for its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock, with both dividends scheduled for a record date of April 30, 2026, and a payment date of May 11, 2026, according to PR Newswire.
Details of the Dividends
The Board of Directors of Hyperscale Data approved these monthly cash dividends, which apply to the company’s outstanding shares of the specified preferred stocks. The Series D dividend rate is 13.00%, while the Series E rate is 10.00%, as stated in the announcement. A link to the NYSE quote for the Series D stock is provided in the source material for further reference.
Company Background and Operations
Hyperscale Data owns and operates data centers through its subsidiary Sentinum, Inc., where it mines digital assets and provides colocation and hosting services for AI ecosystems and other industries. The company also has a wholly owned subsidiary, Ault Capital Group, Inc., which pursues growth by acquiring undervalued businesses and disruptive technologies, according to PR Newswire. Hyperscale Data expects the divestiture of Ault Capital Group to occur in the second quarter of 2027.
On December 23, 2024, Hyperscale Data issued 1,000,000 shares of Series F Exchangeable Preferred Stock to common stockholders and holders of Series C Preferred Stock on an as-converted basis. The divestiture will involve exchanging these shares for ACG Shares, but only for holders who agree to surrender them.
Future Expectations and Additional Information
Until the divestiture, Hyperscale Data will continue providing services through Ault Capital Group and its subsidiaries in areas such as AI software platforms, equipment rental, and defense/aerospace, among others. The company’s headquarters are in Las Vegas, Nevada, and it recommends that stakeholders review its public filings on its website or the SEC website for more details. As widely known in financial markets, preferred stock dividends like these are typically fixed and prioritized over common dividends, reflecting the company’s ongoing capital management strategy.
Stockholders are reminded that participation in the divestiture requires proper surrender of Series F Preferred Stock, according to PR Newswire.