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Open Text (Open Text) 5-Year Yield-on-Cost %

: 4.88 (As of Today)
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Open Text's yield on cost for the quarter that ended in Dec. 2023 was 4.88.


The historical rank and industry rank for Open Text's 5-Year Yield-on-Cost % or its related term are showing as below:

OTEX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.69   Med: 2.65   Max: 5.66
Current: 4.88


During the past 13 years, Open Text's highest Yield on Cost was 5.66. The lowest was 0.69. And the median was 2.65.


OTEX's 5-Year Yield-on-Cost % is ranked better than
75.37% of 934 companies
in the Software industry
Industry Median: 2.27 vs OTEX: 4.88

Competitive Comparison

For the Software - Application subindustry, Open Text's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Open Text 5-Year Yield-on-Cost % Distribution

For the Software industry and Technology sector, Open Text's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Open Text's 5-Year Yield-on-Cost % falls into.



Open Text 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Open Text is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Open Text  (NAS:OTEX) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Open Text 5-Year Yield-on-Cost % Related Terms

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Open Text (Open Text) Business Description

Traded in Other Exchanges
Address
275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). The OpenText Information Management platform and services provide secure and scalable solutions for global enterprises, SMBs, governments, and consumers around the world. It also accelerates transformations with intelligent tools and services. The company is based in Ontario, Canada.