OTEX (NYSE:OTEX) will go ex-dividend tomorrow, March 06, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.2750 per share. The dividend will be paid on March 20, 2026.
At the current stock price of $23.99, OTEX's dividend represents an annual yield of 4.59%. The Technology company has a market capitalization of $8.4B.
Investors who purchase OTEX shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
The 4.59% dividend yield positions OTEX as a moderate income option. Investors evaluating dividend stocks should consider not just the current yield but the growth rate of the dividend and the company's payout ratio to assess long-term income potential.