Open Text Stock

Open Text Dividend 2024

Open Text Dividend

0.76 USD

Open Text Dividend yield

2.33 %

Ticker

OTEX.TO

ISIN

CA6837151068

WKN

899027

How much dividend does Open Text 2024 pay?

According to the latest status from September 2024, Open Text paid a total of 0.76 USD per share in dividends within the last 12 months. With the current Open Text price of 32.75 USD, this corresponds to a dividend yield of 2.33 %. A dividend is paid 4 times per year.

2.33 % Dividend Yield=
0.76 USD Dividend
32.75 USD Stock Price

Historical Open Text Dividends

A dividend is paid 4 times per year. Last year, the payout months were January, April, July, October and December.

PaydateDividend
9/30/20240.26
7/1/20240.25
3/29/20240.25
12/30/20230.25
10/1/20230.25
7/1/20230.24
4/2/20230.24
1/1/20230.24
10/1/20220.24
7/2/20220.22
4/3/20220.22
1/2/20220.22
10/2/20210.22
7/3/20210.2
4/4/20210.2
1/3/20210.2
10/3/20200.17
6/28/20200.17
3/27/20200.17
12/28/20190.17
1
2
3

Open Text dividend history and estimates

In 2023, Open Text paid a dividend amounting to 0.99 USD. Dividend means that Open Text distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Open Text provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Open Text’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Open Text's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Open Text Dividend History

DateOpen Text Dividend
2027e0.78 undefined
2026e0.78 undefined
2025e0.79 undefined
20240.76 undefined
20230.99 undefined
20220.93 undefined
20210.84 undefined
20200.72 undefined
20190.68 undefined
20180.59 undefined
20170.51 undefined
20160.45 undefined
20150.39 undefined
20140.33 undefined
20130.22 undefined

Is the Open Text Dividend Safe?

Open Text has been increasing the dividend for 10 years.

Over the past 10 years, Open Text has increased it by an annual 8.613 %.

Over a five-year period, the distribution increased by 2.45%.

Analysts expect a Dividend Increase of 1.497% for the current fiscal year.

Open Text dividend payout ratio

In 2023, Open Text had a payout ratio of 74.01%. The payout ratio indicates the percentage of the company's profits that Open Text distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Open Text represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Open Text could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Open Text's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Open Text Payout Ratio History

DateOpen Text Payout ratio
2027e70.43 %
2026e71.33 %
2025e69.38 %
202470.59 %
202374.01 %
202263.53 %
202174.24 %
202084.26 %
201963.74 %
201865.27 %
201712.74 %
201638.03 %
201540.66 %
201437.08 %
201335.71 %
201274.01 %
201174.01 %
201074.01 %
200974.01 %
200874.01 %
200774.01 %
200674.01 %
200574.01 %

Dividend Details

Understanding Open Text's Dividend Distributions

Open Text’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Open Text's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Open Text's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Open Text’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Open Text Aktienanalyse

What does Open Text do?

Open Text Corp is a Canadian software company founded in 1991. It is headquartered in Waterloo, Ontario, Canada, with additional offices in North America, Europe, Asia, and Australia. Open Text Corp is a leading provider of Enterprise Content Management (ECM) solutions. The history of Open Text Corp: Open Text Corp started as a small software company primarily focused on document management software. Over the years, the company underwent several mergers and acquisitions and expanded its offerings. It has now grown into a diversified technology company that offers a wide range of enterprise software solutions. Business model of Open Text Corp: Open Text Corp's business model is focused on providing enterprise software solutions. The company specializes in ECM solutions that allow businesses to organize, store, and manage documents, emails, videos, and other digital content. The company generates revenue through the sale of software licenses and subscription services. Divisions of Open Text Corp: Open Text Corp divides its business activities into several divisions. The divisions are: 1. Enterprise Information Management (EIM) 2. Business Networks 3. Cloud Services 4. Customer Experience Management (CEM) Each division offers specialized software solutions to address various business challenges. Products of Open Text Corp: Open Text Corp offers a wide range of software solutions, including: 1. Open Text Content Suite - A comprehensive enterprise content management platform that enables the management of documents, emails, and other digital content. 2. Open Text Documentum - An enterprise content management platform for process optimization, compliance, and collaboration. 3. Open Text eDOCS - An enterprise document management solution for legal and professional services firms. 4. Open Text Core Share - A cloud-based collaboration platform for businesses that need a secure, easy way to share content. 5. Open Text EnCase - A digital forensics tool for investigating crimes and legal disputes. 6. Open Text Exstream - A customer communication management solution that enables businesses to create personalized marketing and customer documents. In conclusion: Open Text Corp is a leading company in the enterprise software industry that offers a wide range of solutions for content and information management. The company has a long history in developing ECM solutions and has expanded its offerings over the years to be active in other areas as well. The various divisions of Open Text Corp provide specialized software solutions tailored to the needs of businesses of all sizes and industries. Open Text Corp remains a significant player in the enterprise software field and is expected to continue driving technological innovations. Open Text is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Open Text stock

How much dividend does Open Text pay?

Over the past 12 months, Open Text paid a dividend of 0.76 USD . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, Open Text is expected to pay a dividend of 0.79 USD.

What is the dividend yield of Open Text?

The current dividend yield of Open Text is 2.33 %.

When does Open Text pay dividends?

Open Text pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Open Text?

Open Text paid dividends every year for the past 15 years.

What is the dividend of Open Text?

For the upcoming 12 months, dividends amounting to 0.79 USD are expected. This corresponds to a dividend yield of 2.4 %.

In which sector is Open Text located?

Open Text is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Open Text kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Open Text from 9/20/2024 amounting to 0.263 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Open Text pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Open Text in the year 2023?

In the year 2023, Open Text distributed 0.986 USD as dividends.

In which currency does Open Text pay out the dividend?

The dividends of Open Text are distributed in USD.

Andere Kennzahlen von Open Text

Our stock analysis for Open Text Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Open Text Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.