Open Text Corporation (OTEX) Dividends
Dividend Yield and Dividend History Highlights
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that OTEX has less fluctuation in its price than 84.24% of stocks we're observing.
- As for stocks whose price is uncorrelated with OTEX's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: OLLI, GNSS, SWX, CONE and CNXN.
OTEX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.10 | $28.97 | -32.13% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Open Text Corp, the DDM model, as implemented by StockNews, implies a negative return of 32.13% relative to its current price. To help understand and contextualize the model's evaluation of OTEX, investors may wish to consider are:
- As for its position relative to other Technology stocks that issue dividends, OTEX provides shareholders with a dividend yield greater than 70.87% such stocks.
- Based on dividend growth rate, OTEX boasts a higher growth rate in terms of its annual cash distributed to its owners than 80.41% of the dividend issuers in our set.
- In comparison to its fellow dividend issuing stocks in the Technology sector, Open Text Corp has an equity discount rate lower than 72.44% of them.
OTEX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-11-30 | Dividend | $0.25 | -50.10% |
| 2023-08-31 | Dividend | $0.50 | +106.17% |
| 2023-06-01 | Dividend | $0.24 | -- |
| 2023-03-02 | Dividend | $0.24 | -50.10% |
| 2022-12-01 | Dividend | $0.49 | +100.41% |
| 2022-09-01 | Dividend | $0.24 | +9.95% |
| 2022-06-02 | Dividend | $0.22 | -50.11% |
| 2022-03-03 | Dividend | $0.44 | +100.45% |
| 2021-12-02 | Dividend | $0.22 | -- |
| 2021-09-02 | Dividend | $0.22 | +9.95% |
| 2020-12-03 | Dividend | $0.20 | +14.86% |
| 2020-09-03 | Dividend | $0.18 | -- |
| 2020-05-28 | Dividend | $0.18 | -- |
| 2020-02-27 | Dividend | $0.18 | -- |
| 2019-11-27 | Dividend | $0.18 | -- |
| 2019-08-29 | Dividend | $0.18 | -- |
| 2019-05-30 | Dividend | $0.18 | +15.13% |
| 2019-02-28 | Dividend | $0.15 | -- |
| 2018-11-29 | Dividend | $0.15 | -- |
| 2018-08-30 | Dividend | $0.15 | -- |
| 2018-06-07 | Dividend | $0.15 | +15.15% |
| 2018-03-01 | Dividend | $0.13 | -- |
| 2017-11-30 | Dividend | $0.13 | -- |
| 2017-08-30 | Dividend | $0.13 | -- |
| 2017-05-24 | Dividend | $0.13 | +14.78% |
| 2017-03-01 | Dividend | $0.12 | +4.35% |
| 2017-01-25 | Split | 2-1-for-1 Stock Split | N/A |
| 2016-11-30 | Dividend | $0.23 | -- |
| 2016-08-24 | Dividend | $0.23 | -- |
| 2016-05-25 | Dividend | $0.23 | +15.00% |
| 2016-03-08 | Dividend | $0.20 | -- |
| 2015-11-24 | Dividend | $0.20 | -- |
| 2015-08-26 | Dividend | $0.20 | -- |
| 2015-05-27 | Dividend | $0.20 | +15.94% |
| 2015-02-24 | Dividend | $0.17 | -- |
| 2014-11-19 | Dividend | $0.17 | -- |
| 2014-08-27 | Dividend | $0.17 | -- |
| 2014-05-21 | Dividend | $0.17 | +15.00% |
| 2014-02-21 | Dividend | $0.15 | -- |
| 2014-02-19 | Split | 2-1-for-1 Stock Split | N/A |
| 2013-11-26 | Dividend | $0.30 | -- |
| 2013-08-28 | Dividend | $0.30 | -- |
| 2013-05-29 | Dividend | $0.30 | -- |
| 2003-10-29 | Split |
OTEX Dividends vs. Peers
OTEX's dividend yield currently ranks #135 of 235 vs. its peers in the Software - Application category.
Looking for More Information on OTEX dividends?
Want to see what other sources are saying about Open Text Corp's dividends? Try the links below:Open Text Corp Common Stock (OTEX) Dividend History | Nasdaq
Dividend History for Open Text Corp (OTEX) - Dividend Investor
Open Text Corp (OTEX) Dividend History - Seeking Alpha