Hyperscale Data Prioritizes Shareholder Returns with New Dividends

Hyperscale Data Announces Attractive Monthly Cash Dividends

Hyperscale Data, Inc. (NYSE American: GPUS), is pleased to announce significant cash dividends aimed at rewarding shareholders. This initiative underscores the company’s commitment to creating value for its investors through regular financial distributions. The Board of Directors of Hyperscale Data has declared a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, enhancing its dividend strategy.

Details of the Latest Dividend Distribution

Understanding the Dividend Structure

The declared dividend on the Series D Cumulative Redeemable Perpetual Preferred Stock reflects Hyperscale Data's strong performance and fiscal discipline. Shareholders can expect the record date for this dividend to be announced soon, followed by the payment date as outlined by the Board. In addition to the Series D dividend, there is also a monthly cash dividend of $0.20833 for the 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock. This continuation of the dividend distribution exemplifies the company’s robust strategic planning and financial stability.

Company Commitment to Shareholders

Hyperscale Data is dedicated to maximizing shareholder value through consistent dividend payouts. This commitment not only illustrates the company’s profitability but also builds investor trust. As the digital asset marketplace evolves, Hyperscale Data appears poised to capitalize on these opportunities, ensuring stable returns for its shareholders. Investors can expect timely updates regarding the record dates and payment timelines for the dividends as they are finalized.

About Hyperscale Data, Inc.

Hyperscale Data operates through its subsidiary, Sentinum, Inc., which owns a data center focused on mining digital assets while providing colocation and hosting services. This approach strategically positions the company to cater to the growing artificial intelligence (AI) ecosystem alongside other industries.

Growth Through Innovation

Beyond its operational strategy, Hyperscale Data, through its other subsidiary Ault Capital Group, Inc. (ACG), looks to acquire undervalued businesses and disruptive technologies that can generate significant impacts worldwide. This diversification strategy is fundamental to Hyperscale Data’s mission, as it strives to identify and invest in high-potential sectors that drive future growth.

Future Prospects and Strategic Divestiture

The company is anticipating the divestiture of ACG, expected to occur in the first quarter of the following year. The planned transition demonstrates Hyperscale Data's focus on refining its core operations and enhancing its infrastructure to support high-performance computing services. By aligning its resources towards well-defined strategic objectives, Hyperscale Data aims to optimize its operational efficacy.

Innovative Financial Strategies

As Hyperscale Data progresses, it highlights its proactive financial strategies, including the introduction of one million shares designated as Series F Exchangeable Preferred Stock. This move allows common stockholders and holders of Series C Preferred Stock to engage in a significant voluntary exchange tied to ACG’s growth. The company assures that shareholders will receive ACG shares upon a successful surrender of their Series F Preferred Stock during the ongoing exchange offer.

Understanding Forward-Looking Statements

It is essential to note that this announcement contains forward-looking statements, which are inherently subject to risks and uncertainties. The company’s management strives to maintain transparency with stakeholders by guiding them through upcoming changes and strategies. However, actual results may differ based on external factors outside the company's control.

Frequently Asked Questions

What is the value of the monthly cash dividend declared by Hyperscale Data?

The monthly cash dividend declared for the 13.00% Series D shares is $0.2708333, alongside $0.20833 for the 10.00% Series E shares.

When will the dividends be paid out?

The payment dates for the dividends will be published following the record dates that the Board announces.

What is Hyperscale Data's strategy for future growth?

Hyperscale Data aims to pursue growth through innovation and strategic acquisitions, focusing on high-potential industries, particularly in AI and digital assets.

What is the significance of the upcoming divestiture of ACG?

The divestiture of ACG is a strategic move expected to occur soon, emphasizing the company's intent to streamline operations and focus on core business activities.

Where can I learn more about Hyperscale Data?

Additional information about Hyperscale Data, Inc. and its operations can be found on their official website and through their public filings.

About The Author

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