Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides eDiscovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
Open Text Dividend Announcement
• Open Text announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-29
• Open Text annual dividend for 2024 was $1.02
• Open Text annual dividend for 2023 was $0.99
• Open Text's trailing twelve-month (TTM) dividend yield is 3.36%
• Open Text's payout ratio for the trailing twelve months (TTM) is 57.95%
• Open Text's dividend growth over the last five years (2018-2023) was 10.91% year
• Open Text's dividend growth over the last ten years (2013-2023) was 0.92% year
Open Text Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.26 | quarterly | 2024-12-20 |
| 2024-08-30 | $0.26 | quarterly | 2024-09-20 |
| 2024-05-31 | $0.25 | quarterly | 2024-06-18 |
| 2024-02-29 | $0.25 | quarterly | 2024-03-20 |
| 2023-11-30 | $0.25 | quarterly | 2023-12-20 |
| 2023-08-31 | $0.25 | quarterly | 2023-09-22 |
| 2023-06-01 | $0.24 | quarterly | 2023-06-23 |
| 2023-03-02 | $0.24 | quarterly | 2023-03-23 |
| 2022-12-01 | $0.24 | quarterly | 2022-12-22 |
| 2022-09-01 | $0.24 | quarterly | 2022-09-23 |
| 2022-06-02 | $0.22 | quarterly | 2022-06-24 |
| 2022-03-03 | $0.22 | quarterly | 2022-03-25 |
| 2021-12-02 | $0.22 | quarterly | 2021-12-22 |
| 2021-09-02 | $0.22 | quarterly | 2021-09-24 |
| 2021-06-03 | $0.20 | quarterly | 2021-06-25 |
| 2021-03-04 | $0.20 | quarterly | 2021-03-26 |
| 2020-12-03 | $0.20 | quarterly | 2020-12-22 |
| 2020-09-03 | $0.17 | quarterly | 2020-09-25 |
| 2020-05-28 | $0.17 | quarterly | 2020-06-19 |
| 2020-02-27 | $0.17 | quarterly | 2020-03-20 |
| 2019-11-29 | $0.17 | quarterly | 2019-12-19 |
| 2019-08-29 | $0.17 | quarterly | 2019-09-20 |
| 2019-05-30 | $0.17 | quarterly | 2019-06-21 |
| 2019-02-28 | $0.15 | quarterly | 2019-03-22 |
| 2018-11-29 | $0.15 | quarterly | 2018-12-20 |
| 2018-08-30 | $0.15 | quarterly | 2018-09-21 |
| 2018-06-07 | $0.15 | quarterly | 2018-06-29 |
| 2018-03-01 | $0.13 | quarterly | 2018-03-23 |
| 2017-11-30 | $0.13 | quarterly | 2017-12-20 |
| 2017-08-30 | $0.13 | quarterly | 2017-09-22 |
| 2017-05-24 | $0.13 | quarterly | 2017-06-16 |
| 2017-03-01 | $0.12 | quarterly | 2017-03-23 |
| 2016-11-30 | $0.23 | quarterly | 2016-12-22 |
| 2016-08-24 | $0.23 | quarterly | 2016-09-16 |
| 2016-05-25 | $0.23 | quarterly | 2016-06-17 |
| 2016-03-08 | $0.20 | quarterly | 2016-03-31 |
| 2015-11-25 | $0.20 | quarterly | 2015-12-18 |
| 2015-08-26 | $0.20 | quarterly | 2015-09-18 |
| 2015-05-27 | $0.20 | quarterly | 2015-06-19 |
| 2015-02-24 | $0.17 | quarterly | 2015-03-19 |
| 2014-11-19 | $0.17 | quarterly | 2014-12-12 |
| 2014-08-27 | $0.17 | quarterly | 2014-09-19 |
| 2014-05-21 | $0.17 | quarterly | 2014-06-13 |
| 2014-02-21 | $0.15 | quarterly | 2014-03-14 |
| 2013-11-26 | $0.30 | quarterly | 2013-12-20 |
| 2013-08-28 | $0.30 | quarterly | 2013-09-20 |
| 2013-05-29 | $0.30 | quarterly | 2013-06-21 |
Open Text Dividend per year
Open Text Dividend growth
Open Text Dividend Yield
Open Text current trailing twelve-month (TTM) dividend yield is 3.36%. Interested in purchasing Open Text stock? Use our calculator to estimate your expected dividend yield:
Open Text Financial Ratios
P/E ratio17.42
PEG ratio-1.37
P/B ratio1.97
ROE11.37%
Payout ratio57.95%
Current ratio0.79
Quick ratio0.79
Cash Ratio0.40
Open Text Dividend FAQ
How much is the next Open Text dividend?
Open Text's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Open Text dividend. The next Open Text dividend will be released in March, June, August, or November.
When is Open Text dividend paid?
Open Text pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Open Text pay?
The specific amount of Open Text dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Open Text's dividend history.
Does Open Text stock pay dividends?
Yes, Open Text does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Open Text's dividend history.
How much dividend does Open Text pay?
Open Text paid $1.025 in 2024, $0.986 in 2023, $0.928 in 2022, $0.844 in 2021, and $0.725 in 2020.
How often does Open Text pay dividends?
Open Text typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Open Text's dividend yield?
The current dividend yield for Open Text is 3.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Open Text's exact dividend yield.
When does Open Text go ex dividend?
Open Text's ex-dividend date for the latest dividend was on 2024-11-29. Open Text typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Open Text dividend paid?
Open Text pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Open Text increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Open Text will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Open Text dividend per share?
Open Text paid $1.025 per share in 2024 and $0.986 per share in 2023. The amount of dividend per share that Open Text pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Open Text a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Open Text a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Open Text a dividend stock?
Yes, Open Text is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Open Text a good dividend stock?
Whether Open Text is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Open Text has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Open Text as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Open Text as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Open Text pay dividends monthly?
Open Text typically pays dividends on a quarterly basis.
Does Open Text pay dividends quarterly?
Open Text currently pays dividends on a quarterly basis.
Has Open Text ever paid a dividend?
Yes, Open Text has a history of paying dividends to its shareholders. Open Text is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Open Text dividend stocks?
To buy Open Text you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Open Text stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Open Text stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Open Text pay dividends 2024?
Open Text pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Open Text increase its dividend in 2024?
Decisions regarding Open Text dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Open Text dividend overview you can look into the above table of dividend history.
How Open Text dividend works?
The Open Text dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Open Text's dividend process works:
1. Determination of Dividend: Open Text's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Open Text publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Open Text distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Open Text are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Open Text's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Open Text publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Open Text distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Open Text are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Open Text dividends paid?
Open Text dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Open Text sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Open Text distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Open Text declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Open Text sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Open Text distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Open Text declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Open Text pay dividends?
Open Text typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Open Text pay dividends?
The general pattern is that Open Text pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Open Text dividend safe?
The safety of Open Text's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Open Text's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Open Text's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Open Text's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Open Text's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.