OTRS AG, together with its subsidiaries, provides OTRS service management software. The company offers OTRS, a ticket and process management system that allows service management professionals in various industry to keep pace with today's results-driven business environment; STORM, a cyber-security incident management software that manages orchestration, automation, and response of security incidents; and CONTROL, a solution to implement an ISMS system. It also provides OTRS On-Premise solutions and service desk software; and IT service management solutions. In addition, the company offers process design, implementation, customizations, application support, corporate security, and managed OTRS services. It serves companies and organizations from various industries worldwide. OTRS AG was founded in 2000 and is headquartered in Oberursel, Germany.
OTRS Dividend Announcement
• OTRS announced a annually dividend of €0.10 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-08-16
• OTRS annual dividend for 2024 was €0.10
• OTRS annual dividend for 2023 was €0.10
• OTRS's trailing twelve-month (TTM) dividend yield is 0.58%
• OTRS's payout ratio for the trailing twelve months (TTM) is -17.76%
OTRS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | €0.10 | annually | 2024-08-20 |
2023-07-21 | €0.10 | annually | 2023-07-25 |
2022-07-22 | €0.15 | annually | 2022-07-26 |
2021-08-25 | €0.07 | annually | 2021-08-27 |
OTRS Dividend per year
OTRS Dividend growth
OTRS Dividend Yield
OTRS current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing OTRS stock? Use our calculator to estimate your expected dividend yield:
OTRS Financial Ratios
OTRS Dividend FAQ
Other factors to consider when evaluating OTRS 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.
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1. Determination of Dividend: OTRS'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, OTRS 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, OTRS 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 OTRS 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. Record Date: OTRS 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, OTRS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OTRS 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.
To assess the safety of OTRS'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 OTRS'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.