Progress Software is a dividend paying company with a current yield of 1.39% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
1.4%
Dividend yield
44%
Payout ratio
Industry average yield
1.2%
Next dividend pay date
17 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
€1.60
Dividend yield forecast in 3Y
1.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PGR has been paying a dividend for less than 10 years.
Growing Dividend: PGR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Progress Software Dividend Yield vs Market
How does PGR dividend yield compare to the market?
Segment
Dividend Yield
Company (PGR)
1.4%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Software)
1.2%
Analyst forecast in 3 Years (PGR)
1.5%
Notable Dividend: PGR's dividend (1.39%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: PGR's dividend (1.39%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), PGR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.7%), PGR's dividend payments are well covered by cash flows.