Progress Software Dividend
Dividend criteria checks 2/6
Progress Software is a dividend paying company with a current yield of 1.37% 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 | 0.7% |
| Next dividend pay date | 17 Jun 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.60 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Apr 22
Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175
Apr 01Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Feb 06Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jan 20Recent updates
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Apr 22Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175
Apr 01Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 29Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?
Mar 13Progress Software's Balance Sheet Weakness Stands Out, But The Stock Looks Undervalued
Mar 11Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Feb 06There May Be Reason For Hope In Progress Software's (NASDAQ:PRGS) Disappointing Earnings
Feb 02Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jan 20Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 19Getting In Cheap On Progress Software Corporation (NASDAQ:PRGS) Is Unlikely
Jan 02At US$52.92, Is Progress Software Corporation (NASDAQ:PRGS) Worth Looking At Closely?
Nov 08Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Sep 30Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Aug 18Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?
Aug 06Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jul 22Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Jul 04Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 63% Above Its Share Price
Jun 27Here's Why We Think Progress Software (NASDAQ:PRGS) Is Well Worth Watching
Apr 18We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt
Apr 04Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 36% Above Its Share Price
Mar 22Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Feb 08Is Now The Time To Look At Buying Progress Software Corporation (NASDAQ:PRGS)?
Feb 02Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?
Jan 09We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt
Dec 08Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Nov 17Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Oct 27An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 47% Undervalued
Oct 26Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Oct 13Progress Software: A Fairly-Priced Tech Name With Volatility Expected Post-Earnings
Sep 26Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?
Sep 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PRGS has been paying a dividend for less than 10 years.
Growing Dividend: PRGS'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRGS) | 1.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Software) | 0.7% |
| Analyst forecast in 3 Years (PRGS) | 1.5% |
Notable Dividend: PRGS's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: PRGS's dividend (1.37%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), PRGS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.7%), PRGS's dividend payments are well covered by cash flows.