Open Text Corp. (TSE:OTC – Get Free Report) announced a quarterly dividend on Wednesday, July 31st, Zacks reports. Stockholders of record on Friday, August 30th will be given a dividend of 0.262 per share on Friday, September 20th. This represents a $1.05 annualized dividend and a dividend yield of ?. The ex-dividend date is Thursday, August 29th.
Open Text Stock Performance
Open Text (TSE:OTC – Get Free Report) last released its earnings results on Thursday, August 1st. The company reported C$1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.28 by C($0.04). The firm had revenue of C$1.86 billion for the quarter, compared to analysts’ expectations of C$1.93 billion.
Wall Street Analyst Weigh In
Separately, National Bank Financial lowered Open Text from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 1st.
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