Hewlett Packard Enterprise (HPE): Where Innovation Meets Dividend Stability

Hewlett Packard Enterprise Company (NYSE:HPE) is included among the 11 Innovative Dividend Stocks to Buy Now.

Hewlett Packard Enterprise Company (NYSE:HPE), headquartered in Texas, is a global information technology firm known for delivering smart, open, and forward-thinking tech solutions using a service-oriented model. It is recognized as one of the three key innovators behind the invention of inkjet printers, a major advancement in printing technology. The company also introduced the first programmable pocket calculator and played a role in the development of the atomic clock, which is capable of aligning global time with remarkable precision, accurate to within one-millionth of a second.

Hewlett Packard Enterprise Company (NYSE:HPE) is becoming a significant force in the fast-changing fields of edge computing and hybrid cloud, with a strong focus on helping businesses adopt artificial intelligence more easily. The company’s strategy revolves around making advanced technology both usable and widely available, matching the growing need among enterprises for integrated AI solutions. A key driver of this progress is the recent enhancement of HPE’s GreenLake platform, which now offers powerful features for AI and machine learning.

Hewlett Packard Enterprise Company (NYSE:HPE) is a solid dividend payer, having distributed regular dividends to shareholders since 2015. The company currently offers a quarterly dividend of $0.13 per share and has a dividend yield of 2.49%, as of July 28. It is among the best innovative stocks that pay dividends.

While we acknowledge the potential of HPE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best and Safe Dividend Stocks to Buy Now and 10 Stocks with Highest Dividend to Buy Right Now.

Disclosure: None.