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
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 2.55% |
---|---|
Frequency | Quarterly |
1Y Growth | 2.88% |
Payout Ratio | 0 |
Amount Per Share | $0.250 |
Next Ex-Dividend Date | May 31, 2024 |
Next Payment Date | Jun 18, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from OTEX the purchase should be done within the next 18 days.
Here's a simple guide on how to buy OTEX stock.
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 | |
---|---|---|---|---|---|
21 | May 02, 2019 | May 30, 2019 | Jun 21, 2019 | $0.175 | 0.425% |
22 | Jan 30, 2019 | Feb 28, 2019 | Mar 22, 2019 | $0.152 | 0.406% |
23 | Nov 01, 2018 | Nov 29, 2018 | Dec 20, 2018 | $0.152 | 0.466% |
24 | Aug 03, 2018 | Aug 30, 2018 | Sep 21, 2018 | $0.152 | 0.398% |
25 | May 10, 2018 | Jun 07, 2018 | Jun 29, 2018 | $0.152 | 0.432% |
26 | Feb 01, 2018 | Mar 01, 2018 | Mar 23, 2018 | $0.132 | 0.386% |
27 | Nov 03, 2017 | Nov 30, 2017 | Dec 20, 2017 | $0.132 | 0.403% |
28 | Aug 04, 2017 | Aug 30, 2017 | Sep 22, 2017 | $0.132 | 0.412% |
29 | May 09, 2017 | May 24, 2017 | Jun 16, 2017 | $0.132 | 0.421% |
30 | Feb 03, 2017 | Mar 01, 2017 | Mar 23, 2017 | $0.115 | 0.339% |
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 (0.359%). OTEX’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.58%), 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 | 8.222B | $0.250 | 2.55% | 158.06% | |
Jack Henry & Associates | 12.318B | $0.550 | 1.63% | 40.62% | |
Cognex Corporation | 7.982B | $0.0750 | 0.650% | 50.06% | |
Bentley Systems Incorporated | 16.644B | $0.0600 | 0.414% | 17.66% | |
NICE-Systems Limited | 14.011B | $0.160 | 0% | - |