Progress Software Corporation Stock Dividends
PRGS pays dividends quarterly. Last paid amount was $0.175 at Mar 15, 2024. As of today, dividend yield (TTM) is 1.28%.
Dividend Yield Range
AI Analysis of PRGS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.28% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.175 |
| Next Ex-Dividend Date | Jun 03, 2024 |
| Next Payment Date | Jun 17, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from PRGS the purchase should be done within the next 24 days.
Here's a simple guide on how to buy PRGS stock.
PRGS Dividend Payout History
To ensure a understanding of PRGS'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 | |
|---|---|---|---|---|---|
| 11 | Jan 18, 2022 | Feb 28, 2022 | Mar 15, 2022 | $0.175 | 0.399% |
| 12 | Sep 24, 2021 | Nov 30, 2021 | Dec 15, 2021 | $0.175 | 0.364% |
| 13 | Jun 24, 2021 | Aug 31, 2021 | Sep 15, 2021 | $0.175 | 0.379% |
| 14 | Mar 25, 2021 | May 28, 2021 | Jun 15, 2021 | $0.175 | 0.372% |
| 15 | Jan 14, 2021 | Feb 26, 2021 | Mar 15, 2021 | $0.175 | 0.385% |
| 16 | Sep 29, 2020 | Nov 30, 2020 | Dec 15, 2020 | $0.175 | 0.406% |
| 17 | Jun 25, 2020 | Aug 31, 2020 | Sep 15, 2020 | $0.165 | 0.463% |
| 18 | Mar 27, 2020 | May 29, 2020 | Jun 15, 2020 | $0.165 | 0.424% |
| 19 | Jan 16, 2020 | Feb 28, 2020 | Mar 16, 2020 | $0.165 | 0.536% |
| 20 | Sep 26, 2019 | Nov 29, 2019 | Dec 16, 2019 | $0.165 | 0.399% |
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
PRGS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PRGS 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 PRGS stock here.
Comparing PRGS to Sector and Country
PRGS pays a solid dividend yield of 1.28%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.369%). PRGS’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.46%), which means that there are more attractive dividend stocks to consider.
PRGS Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Progress Software Corporation | 2.208B | $0.175 | 1.28% | 45.84% | |
| Cohu | 1.372B | $0.0600 | 0% | - | |
| Canaan Inc. | 206.235M | $0.380 | 0% | - |
