Open Text Corp Dividends
The next dividend date for Open Text Corp is June 5, 2026.
A dividend of $0.28 per share is scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Open Text Corp (OTEX)
More About Open Text Corp
Open Text Corporation designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private, public, and off-cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also provides fees earned from the licensing of software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer's systems. In addition, the company offers various business clouds, including content, cybersecurity, DevOps, business network, observability and service management, and analytics; and artificial intelligence, software developers API, and other related services. It has strategic partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and Salesforce.com Corporation, as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves G10K organizations, enterprise companies, public sector agencies, mid-market companies, small and medium-sized businesses, and direct consumers. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
Owning Open Text Corp Stock on the Dividend Date
If you own Open Text Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Open Text Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Open Text Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Open Text Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Open Text Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Open Text Corp Dividends
You can contact us any time if you would like to ask questions about Open Text Corp dividends or anything else related to the stock market.