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Stock impact report

There's A Lot To Like About Open Text's (NASDAQ:OTEX) Upcoming US$0.2625 Dividend [Yahoo! Finance]

Open Text Corporation - Common Shares (OTEX) 
Last open text corporation - common shares earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.opentext.com/investor-relations
Company Research Source: Yahoo! Finance
The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Thus, you can purchase Open Text's shares before the 29th of November in order to receive the dividend, which the company will pay on the 20th of December. The company's next dividend payment will be US$0.2625 per share. Last year, in total, the company distributed US$1.05 to shareholders. Calculating the last year's worth of payments shows that Open Text has a trailing yield of 3.6% on the current share price of US$29.45. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are growing. See our latest Show less Read more
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