Open Text Corporation (OTEX) was founded on June 26, 1991 and is headquartered in Waterloo, Canada.
The company designs, develops markets and sells enterprise information management software and solutions.
Three key data points gauge OTEX (or any dividend paying entity):
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
OTEX Price
Open Text Corp’s single share price dropped $4.52 (or 16.8%) from $26.93 to $22.41 last year, per Wednesday morning’s market report.
Twelve analysts cover the stock and thee median of their one year price estimates set a $33.09 target price which is up $10.72 from $22.37. However OTEX’s average annual price increase was $0.913 over the past twenty years. Averaging those two extremes of $10.72 and $0.913 produces a $5.82 amount for our following calculations.
OTEX Dividends
Open Text Corp has paid quarterly dividends since June 2013 . The March 2026 Q dividend of $0.28 indicates a possible $1.12 annual dividend for the coming year.
OTEX Returns
Putting it all together, a possible annual gross gain of $6.94 per share is predicted by adding the $1.12 forward-looking dividend to a 1yr $5.82 estimated annual price-gain next year.
A little over $1000 invested at Wednesday’s $22.37 share price would buy 43 shares which multiply the $6.94 estimated gross gain to a $310.24 upside for the coming year.
That's a 31% projected gain!
16.3% of that $310 upside gain could come from a $50.00 annual dividend payout from your $1,000 investment.
And the $50.00 annual dividend from $1k invested is over 2 times over OTEX’s $22.54 single share price.
A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend (from $1000 invested) that is more than the cost of a single share.
OTEX dividend is 2.22 times its share price.
The exact track of OTEX’s future share price and dividend will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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