Open Text Corporation
OTEXTechnology · Stock · quarterly payer
$23.65
Add to PortfolioForward Yield
4.65%
Annual Dividend
$1.10
Payout Ratio
53%
5-Yr Growth
9.0%
Ex-Date
Jun 5, 2026
Frequency
Quarterly
OTEX Dividend Safety Score
81/ 100
Grade A
Very Safe
Dividend-growth streak12 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage53% of earnings paid out
Free-cash-flow coverage32% of free cash flow
Balance-sheet strengthDebt/equity of 1.62
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is OTEX a good dividend stock?
YesOpen Text Corporation (OTEX) pays a quarterly dividend yielding 4.65% ($1.10/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (53%)
- Strong 9.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.65%
- Payout Ratio
- 53%
- Annual Dividend
- $1.10
- 5-Yr Avg Growth
- 9.0%
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $5.7B
- P/E Ratio
- 11.5
- 5-Yr Total Return
- -54%
- 52-Week Range
- $20.00 – $39.90
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 6, 2026 | — | $0.2750 | regular |
| Dec 5, 2025 | — | $0.2750 | regular |
| Sep 5, 2025 | — | $0.2750 | regular |
| Jun 6, 2025 | — | $0.2630 | regular |
| Mar 7, 2025 | — | $0.2630 | regular |
| Nov 29, 2024 | — | $0.2630 | regular |
| Aug 30, 2024 | — | $0.2630 | regular |
| May 31, 2024 | — | $0.2500 | regular |
| Feb 29, 2024 | — | $0.2500 | regular |
| Nov 30, 2023 | — | $0.2500 | regular |
| Aug 31, 2023 | — | $0.2500 | regular |
| Jun 1, 2023 | — | $0.2430 | regular |
| Mar 2, 2023 | — | $0.2430 | regular |
| Dec 1, 2022 | — | $0.2430 | regular |
Income Calculator
At $1.10 / yr per share
Per payment (quarterly)$27.50
Annual$110.00
Monthly avg$9.17
