Monthly preferred dividends are fixed cash payments made to holders of a share class that ranks above common stock when a company distributes money. On July 17, 2026, Hyperscale Data, Inc. (NYSE American: GPUS), an AI data center company based in Las Vegas, declared those payments on two series of its outstanding preferred shares.
What was declared
The company's Series D shares carry a 13.00% annual rate. The full designation on the filing is 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. Holders receive $0.2708333 per share for the month.
The Series E carries a 10.00% annual rate. Its full name is 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock. The declared monthly payment for Series E holders is $0.20833 per share.
Both series pay monthly. Preferred dividends are more often distributed quarterly, four times a year. A monthly schedule puts cash in holders' hands more frequently, though the annual rate determines the total payout over a full year.
What the terms in each name mean
Three words in each series name carry specific legal weight. "Cumulative" means that if Hyperscale Data ever skips a payment, the company still owes that amount to shareholders. The missed payment accumulates as an obligation rather than disappearing. "Redeemable" means the company retains the right to buy back the shares at a price set in the original terms of the offering. "Perpetual" means neither series has a scheduled maturity date. Unlike a bond that returns principal on a fixed date, these shares run indefinitely unless the company exercises that redemption right.
Why the rate gap matters
The Series D pays at 13.00% per year versus 10.00% for the Series E. A higher stated rate on preferred stock reflects the conditions when those shares were originally sold to investors. The rate is fixed at issuance and does not adjust with market interest rates afterward. Holders who bought Series D locked in a higher coupon. Series E holders accepted a lower one, under whatever market conditions were in place when those shares first came to market.
The declared payment for Series E holders this month is $0.20833 per share. Series D holders receive $0.2708333.