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Open Text Forward Dividend Yield %

: 2.47% (As of Today)
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As of today (2022-08-17), the Forward Annual Dividend Yield of Open Text is 2.47%.

As of today (2022-08-17), the Trailing Annual Dividend Yield of Open Text is 2.25%.

OTEX's Forward Dividend Yield % is ranked better than
60.78% of 900 companies
in the Software industry
Industry Median: 1.81 vs OTEX: 2.47

Open Text's Dividends per Share for the three months ended in Jun. 2022 was $0.22.

During the past 12 months, Open Text's average Dividends Per Share Growth Rate was 19.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Open Text was 90.50% per year. The lowest was 9.70% per year. And the median was 16.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Software - Application subindustry, Open Text's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution

For the Software industry and Technology sector, Open Text's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Open Text's Forward Dividend Yield % falls into.



Open Text Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Open Text Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2212022-06-022022-06-032022-06-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2212022-03-032022-03-042022-03-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2212021-12-022021-12-032021-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2212021-09-022021-09-032021-09-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Open Text's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.884/39.30
=2.25 %

Current Share Price is $39.30.
Open Text's Dividends per Share for the forward twelve months is calculated as $0.221 * 4 = $0.884.

Open Text's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.884/39.30
=2.25 %

Current Share Price is $39.30.
Open Text's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.884.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Open Text  (NAS:OTEX) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Open Text Forward Dividend Yield % Related Terms

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Open Text Business Description

Open Text logo
Industry
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, presentations). The company is based in Ontario, Canada.

Open Text Headlines

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OpenText Corp. Updates 1 Key Risk Factor

By tipranks.com 2022-02-09

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