Open Text Dividends and Buybacks
Dividend criteria checks 5/6
Open Text is a dividend paying company with a current yield of 3.64% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.6%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 8.3% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.050 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
Nov 14
These 4 Measures Indicate That Open Text (NASDAQ:OTEX) Is Using Debt Reasonably Well
Oct 19Returns At Open Text (NASDAQ:OTEX) Appear To Be Weighed Down
Oct 04OpenText Faces Slow Organic Revenue Growth And Higher R&D Expenses
Jul 19Open Text Corporation (NASDAQ:OTEX) Not Flying Under The Radar
Jun 18Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
May 22Open Text (NASDAQ:OTEX) Will Pay A Dividend Of $0.25
May 08Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)
May 06Open Text: Decent Cash-Generating Business With Temporary Headwinds
May 05Open 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 10Upcoming Dividend Payment
Stability 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) | 3.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Software) | 0.8% |
| Analyst forecast (OTEX) (up to 3 years) | 4.0% |
Notable Dividend: OTEX's dividend (3.64%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: OTEX's dividend (3.64%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.5%), OTEX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), OTEX's dividend payments are well covered by cash flows.