Open Text Dividends
| OTEX Stock | CAD 42.33 1.16 2.82% |
As of the 25th of November 2024, Dividend Yield is likely to grow to 0.03, while Dividends Paid is likely to drop about 172.2 M. Open Text's past performance could be the main factor of why investors trade Open Text Corp stock today. Investors should clearly understand every aspect of the Open Text dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Open Text's dividend schedule and payout information. Open Text Corp dividends can also provide a clue to the current valuation of Open Text.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 267.4 M | 172.2 M | |
| Dividend Yield | 0.03 | 0.03 | |
| Dividend Payout Ratio | 0.57 | 0.46 | |
| Dividend Paid And Capex Coverage Ratio | 2.27 | 2.15 |
Open |
Investing in dividend-paying stocks, such as Open Text Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Open Text must own a stock before its ex-dividend date to receive its next dividend.
Open Text Expected Dividend Income Per Share
Dividend payment represents part of Open Text's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Open Text. Open Text's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.61 Bottom Scenario | C$0.63 | $0.65 Top Scenario |
One Year
Open Text Corp expected dividend income per share adjusted for ongoing price standard deviation
Open Text Past Distributions to stockholders
| 18th of June 2024 | ||
| 20th of March 2024 | ||
| 20th of December 2023 | ||
| 22nd of September 2023 | ||
| 23rd of June 2023 | ||
| 23rd of March 2023 | ||
| 22nd of December 2022 |