Today’s Dividend On Watch: Dec 22, 2016 will be the day that Open Text Corporation (NASDAQ:OTEX) dividends reach $0.23.

Today's Dividend On Watch: Dec 22, 2016 will be the day that Open Text Corporation (NASDAQ:OTEX) dividends reach $0.23.

Open Text Corporation (NASDAQ:OTEX) is expected to pay $0.23 on Dec 22, 2016. The indicated annual dividend is $0.92. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Open Text Corporation’s current price of $62.67, the dividend is 0.37%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 4, 2016. The stock increased 0.55% or $0.34 during the last trading session, hitting $62.67. Open Text Corp (USA) (NASDAQ:OTEX) has risen 15.16% since April 26, 2016 and is uptrending. It has outperformed by 9.90% the S&P500.

Open Text Corporation provides a platform and suite of software services and products that assist organizations in finding, utilizing, and sharing business information from any device. The company has a market cap of $7.51 billion. The Firm designs, develops, markets and sells Enterprise Information Management software and solutions. It has a 6.63 P/E ratio. The Company’s EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics.

Open Text Corp (USA) (NASDAQ:OTEX) Ratings Coverage

Out of 6 analysts covering OpenText Corporation (NASDAQ:OTEX), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. OpenText Corporation has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Open Text Corp (USA) (NASDAQ:OTEX) earned “Overweight” rating by Barclays Capital on Tuesday, July 28. RBC Capital Markets upgraded the stock to “Outperform” rating in Thursday, July 30 report. The firm earned “Overweight” rating on Thursday, October 29 by Barclays Capital. The firm earned “Outperform” rating on Tuesday, September 13 by BMO Capital Markets. TD Securities initiated the stock with “Buy” rating in Monday, April 4 report.

More news for Open Text Corp (USA) (NASDAQ:OTEX) were recently published by: Investorplace.com, which released: “M&A News: Open Text Corp (USA) to Buy Dell Unit for $1.62B” on September 12, 2016. Fool.ca‘s article titled: “Why Open Text Corporation Plunged 10%” and published on January 28, 2015 is yet another important article.

OTEX Company Profile

Open Text Corporation, incorporated on July 1, 2016, provides a platform and suite of software services and products that assist organizations in finding, utilizing, and sharing business information from any device. The Firm designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. The Company’s software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. The Company’s solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models. In addition, the Company provides solutions that facilitate the exchange of information and transactions that occur between supply chain participants, such as manufacturers, retailers, distributors and financial institutions, and are central to a company’s ability to collaborate with its partners. The Company’s EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics.

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