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 |
| 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 19 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 | |
|---|---|---|---|---|---|
| 31 | Nov 09, 2016 | Nov 30, 2016 | Dec 22, 2016 | $0.115 | 0.375% |
| 32 | Jul 28, 2016 | Aug 24, 2016 | Sep 16, 2016 | $0.115 | 0.355% |
| 33 | Apr 28, 2016 | May 25, 2016 | Jun 17, 2016 | $0.115 | 0.393% |
| 34 | Feb 11, 2016 | Mar 08, 2016 | Mar 31, 2016 | $0.100 | 0.386% |
| 35 | Oct 30, 2015 | Nov 25, 2015 | Dec 18, 2015 | $0.100 | 0.419% |
| 36 | Jul 31, 2015 | Aug 26, 2015 | Sep 18, 2015 | $0.100 | 0.433% |
| 37 | Apr 30, 2015 | May 27, 2015 | Jun 19, 2015 | $0.100 | 0.476% |
| 38 | Jan 29, 2015 | Feb 24, 2015 | Mar 19, 2015 | $0.0865 | 0.310% |
| 39 | Oct 22, 2014 | Nov 19, 2014 | Dec 12, 2014 | $0.0865 | 0.308% |
| 40 | Jul 30, 2014 | Aug 27, 2014 | Sep 19, 2014 | $0.0865 | 0.307% |
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 (0.372%). OTEX’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.51%), 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% | - |
