Open Text Corp. (TSE:OTC – Get Free Report) announced a quarterly dividend on Thursday, October 31st,Zacks Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.355 per share on Friday, December 20th. This represents a $1.42 annualized dividend and a dividend yield of ∞. The ex-dividend date is Friday, November 29th. This is an increase from Open Text’s previous quarterly dividend of $0.26.
Open Text Price Performance
Analyst Upgrades and Downgrades
OTC has been the topic of several recent analyst reports. National Bank Financial lowered Open Text from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 1st. Royal Bank of Canada cut shares of Open Text from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 1st.
Read Our Latest Report on Open Text
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