Open Text Corporation Stock Dividends
OTEX pays dividends quarterly. Last paid amount was $0.250 at Mar 20, 2024. As of today, dividend yield (TTM) is 2.55%.
Dividend Yield Range
AI Analysis of OTEX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.55% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 2.88% |
| Payout Ratio | 0 |
| Amount Per Share | $0.250 |
|
Open Text Corporation has not yet announced its next dividend date. Last payment date was: Mar 20, 2024.
|
|
OTEX Dividend Payout History
To ensure a understanding of OTEX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 31, 2024 | Feb 29, 2024 | Mar 20, 2024 | $0.250 | 0.636% |
| 2 | Nov 01, 2023 | Nov 30, 2023 | Dec 20, 2023 | $0.250 | 0.610% |
| 3 | Aug 02, 2023 | Aug 31, 2023 | Sep 22, 2023 | $0.250 | 0.702% |
| 4 | May 02, 2023 | Jun 01, 2023 | Jun 23, 2023 | $0.243 | 0.606% |
| 5 | Feb 01, 2023 | Mar 02, 2023 | Mar 23, 2023 | $0.243 | 0.653% |
| 6 | Nov 02, 2022 | Dec 01, 2022 | Dec 22, 2022 | $0.243 | 0.84% |
| 7 | Aug 08, 2022 | Sep 01, 2022 | Sep 23, 2022 | $0.243 | 0.90% |
| 8 | May 06, 2022 | Jun 02, 2022 | Jun 24, 2022 | $0.221 | 0.558% |
| 9 | Feb 02, 2022 | Mar 03, 2022 | Mar 25, 2022 | $0.221 | 0.516% |
| 10 | Nov 03, 2021 | Dec 02, 2021 | Dec 22, 2021 | $0.221 | 0.470% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
OTEX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OTEX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OTEX stock here.
Comparing OTEX to Sector and Country
OTEX pays a solid dividend yield of 2.55%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.375%). OTEX’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.30%), which means that there are more attractive dividend stocks to consider.
OTEX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Open Text Corporation | 9.707B | $0.250 | 2.55% | 206.73% | |
| Jack Henry & Associates | 12.014B | $0.550 | 1.63% | 40.62% | |
| Cognex Corporation | 6.837B | $0.0750 | 0.650% | 43.34% | |
| Bentley Systems Incorporated | 16.166B | $0.0600 | 0.414% | 17.98% | |
| NICE-Systems Limited | 14.272B | $0.160 | 0% | - |
