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Open Text (OTEX) Dividend Yield, Date & History

Open Text logo
$28.01 +0.05 (+0.18%)
(As of 12/24/2024 02:21 PM ET)

Open Text Dividend Summary

Dividend Yield
3.75%
Annual Dividend
$1.05
Recent
Dividend Payment
Dec. 20
Annualized 3-Year
Dividend Growth
10.88%
Dividend Payout Ratio
60.69%

Open Text (OTEX) pays an annual dividend of $1.05 per share, with a dividend yield of 3.75%. The next quarterly payment of $0.2620 per share was paid on Friday, December 20, to investors who owned the stock before the ex-dividend date of Friday, November 29. The company currently pays out 60.69% of its earnings and 15.97% of its cash flow as dividends.

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OTEX Dividend Payments by Quarter

The chart below displays up to four years of Open Text's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

OTEX Dividend Yield Over Time

The chart below tracks Open Text's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Open Text vs. The Competition

Compare Open Text's annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeOpen TextComputer CompaniesNASDAQ Companies
Annual Dividend$1.05$0.03$1.30
Dividend Yield3.75%2.79%4.30%
Annualized 3-Year Dividend Growth10.88%12.57%14.22%

Open Text Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings60.69%
Based on This Year's Estimate31.16%
Based on Next Year's Estimate28.07%
Based on Cashflow15.97%

Open Text Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/29/2024Quarterly$0.2620+$0.07
36.46%
3.49%11/29/202411/29/202412/20/2024
7/31/2024Quarterly$0.1920-$0.0580
23.20%
2.7%8/30/20248/30/20249/20/2024
4/30/2024Quarterly$0.25 - 2.83%5/31/20245/31/20246/18/2024
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1/31/2024Quarterly$0.25 - 2.32%2/29/20243/1/20243/20/2024
11/1/2023Quarterly$0.25 - 2.75%11/30/202312/1/202312/20/2023
8/2/2023Quarterly$0.25+$0.0070
2.88%
2.7%8/31/20239/1/20239/22/2023
5/2/2023Quarterly$0.2430 - 2.35%6/1/20236/2/20236/23/2023
2/2/2023Quarterly$0.2430 - 2.8%3/2/20233/3/20233/23/2023

This table shows Open Text's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Open Text Dividend - Frequently Asked Questions

The current dividend yield for Open Text is 3.75%. Learn more on OTEX's dividend yield history.

The annual dividend for OTEX shares is $1.05. Learn more on OTEX's annual dividend history.

Open Text pays quarterly dividends to shareholders.

Open Text's most recent quarterly dividend payment of $0.2620 per share was made to shareholders on Friday, December 20, 2024.

Open Text's most recent ex-dividend date was Friday, November 29, 2024.

Over the past three years, the company's dividend has grown by an average of 10.88% per year.

The most recent change in the company's dividend was an increase of $0.07 on Tuesday, October 29, 2024.

The dividend payout ratio for OTEX is:
  • 60.69% based on the trailing year of earnings
  • 31.16% based on this year's estimates
  • 28.07% based on next year's estimates
  • 15.97% based on cash flow

Open Text's dividend yield of 3.83% is higher than the average Computer and Technology company that issues a dividend. Open Text's dividend payout ratio of 60.69% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Open Text stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:OTEX) was last updated on 12/25/2024 by MarketBeat.com Staff
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