Open Text Dividend
Dividend criteria checks 4/6
Open Text is a dividend paying company with a current yield of 2.8%.
Key information
2.8%
Dividend yield
210%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.48 |
| Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25
Aug 25
Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25
Aug 09Recent updates
Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet
Mar 22Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture
Feb 08Open Text: Buy The Dip Post Earnings After Solid Q2 Results
Feb 05Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business
Jan 28Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings
Jan 15An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued
Dec 07Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching
Nov 14Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Oct 20Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital
Oct 07Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?
Sep 23Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet
Sep 08Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25
Aug 25Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25
Aug 09Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Jul 14Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital
Jun 19What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?
Jun 05Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?
May 10Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled
Mar 13Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?
Feb 27Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?
Feb 13Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?
Feb 01Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)
Dec 06Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?
Nov 20Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 50%?
Nov 02What Does Open Text Corporation's (NASDAQ:OTEX) Share Price Indicate?
Oct 19Micro Focus International approves all-cash offer by OpenText
Oct 18OpenText and Solarity enter strategic partnership
Sep 28Open Text (NASDAQ:OTEX) Is Paying Out A Larger Dividend Than Last Year
Aug 27OpenText to acquire Micro Focus International for 532 pence/share
Aug 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OTEX's dividends per share have been stable in the past 10 years.
Growing Dividend: OTEX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Open Text Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OTEX) | 2.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Software) | 0.7% |
| Analyst forecast in 3 Years (OTEX) | 3.4% |
Notable Dividend: OTEX's dividend (2.8%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: OTEX's dividend (2.8%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (209.7%), OTEX'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%), OTEX's dividend payments are well covered by cash flows.