Open Text Dividend
Dividend criteria checks 4/6
Open Text is a dividend paying company with a current yield of 2.82%.
Key information
2.8%
Dividend yield
210%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.48 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OTX's dividends per share have been stable in the past 10 years.
Growing Dividend: OTX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Open Text Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OTX) | 2.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Software) | 1.2% |
Analyst forecast in 3 Years (OTX) | 3.4% |
Notable Dividend: OTX's dividend (2.82%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: OTX's dividend (2.82%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (209.7%), OTX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.7%), OTX's dividend payments are well covered by cash flows.