|Bid||39.79 x 1000|
|Ask||53.60 x 1800|
|Day's Range||45.03 - 45.85|
|52 Week Range||29.12 - 49.99|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||136.04|
|Earnings Date||May 07, 2018 - May 11, 2018|
|Forward Dividend & Yield||0.80 (1.77%)|
|Ex-Dividend Date||Mar 04, 2021|
|1y Target Est||56.59|
WATERLOO, ON, March 8, 2021 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Kristina Lengyel as Executive Vice President, Customer Solutions. In this role she will lead world-wide cloud onboarding and success, professional services and learning services.
Global law firm improves client service and reduces costs with OpenText AxcelerateWATERLOO, ON, March 4, 2021 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced that Phillips Lytle LLP has chosen the OpenText Axcelerate™ eDiscovery Cloud Platform to standardize the full-service law firm's eDiscovery process. With cloud-based hosting and OpenText cloud services support, Phillips Lytle has reduced infrastructure costs, while improving security, reliability, accessibility, and the ability to scale.
Open Text (NASDAQ:OTEX) declared a dividend payable on March 26, 2021 to its shareholders as of February 3, 2021. It was also announced that shareholders of Open Text's stock as of March 5, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Open Text has an ex-dividend date set for for March 4, 2021. The company's current dividend payout is $0.2, which equates to a dividend yield of 1.72% at current price levels. The Significance Of Ex-Dividend Dates Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. Open Text's Dividend Payouts And Yields Over the past year, Open Text has seen its dividend payouts and yields climb upward overall. Last year (February 27, 2020), the company's payout sat at $0.17, which has since increased by $0.03. Open Text's dividend yield last year was 1.48%, which has since grown by 0.24%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more about Open Text click here. See more from BenzingaClick here for options trades from BenzingaSenseonics Holdings, Inc. Common Stock's Earnings: A PreviewUnderstanding Avangrid's Ex-Dividend Date© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.