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| Cash Dividend On The Way From Open Text (OTEX.CA)By Canada Stock Channel Staff, Tuesday, March 1, 10:21 AM ET
On 3/3/22, Open Text Corp (TSE:OTEX.CA) will trade ex-dividend, for its quarterly dividend of $0.2209, payable on 3/25/22. As a percentage of OTEX.CA's recent stock price of $55.17, this dividend works out to approximately 0.40%. Below is a dividend history chart for OTEX.CA, showing historical dividends prior to the most recent $0.2209 declared by Open Text Corp: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OTEX.CA is likely to continue, and whether the current estimated yield of 1.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OTEX.CA shares, versus its 200 day moving average:
Looking at the chart above, OTEX.CA's low point in its 52 week range is $52.56 per share, with $69.79 as the 52 week high point — that compares with a last trade of $55.17. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Tuesday trading, Open Text Corp shares are currently trading flat on the day.
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