Open Text (OTEX) Dividend Coverage Ratio (2013 - 2026)
Open Text (OTEX) posted Dividend Coverage Ratio of 2.38 for Q2 2026, down 8.62% on a QoQ basis from 2.61 in Q1 2026, and up 445.63% year-over-year from 0.44 in Q2 2025.
Analysis
Open Text (OTEX) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends
Open Text has reported Dividend Coverage Ratio for 14 years, with the latest figure at 2.38 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 445.63% year-over-year to 2.38 in Q2 2026; TTM through Jun 2026 was 2.4, a 49.2% increase from a year earlier, with the FY2026 full-year figure at 2.4, up 49.23% from the prior year.
- Dividend Coverage Ratio was 2.38 for Q2 2026 at Open Text, down from 2.61 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 3.94 in Q4 2022, with the low at 1.81 in Q3 2022.
- Average Dividend Coverage Ratio over 5 years is 1.56, with a median of 1.41 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio sank 144.17% in 2023, then surged 587.06% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 3.94 in 2022, then plunged by 85.56% to 0.57 in 2023, then jumped by 492.28% to 3.37 in 2024, then retreated by 27.09% to 2.45 in 2025, then slipped by 2.99% to 2.38 in 2026.
- The last three Dividend Coverage Ratio figures came in at 2.38 (Q2 2026), 2.61 (Q1 2026), and 2.45 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | - |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | - |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 2.38 |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | - |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | - |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | - |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 |
| Mar 31, 2026 | 2.61 |
| Dec 31, 2025 | 2.45 |
| Sep 30, 2025 | 2.15 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 1.37 |
| Dec 31, 2024 | 3.37 |
| Sep 30, 2024 | 1.22 |
| Jun 30, 2024 | 3.72 |
| Mar 31, 2024 | 1.46 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 1.19 |
| Jun 30, 2023 | -0.76 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 3.94 |
| Sep 30, 2022 | -1.81 |
| Jun 30, 2022 | 1.73 |
| Mar 31, 2022 | 1.26 |
| Dec 31, 2021 | 1.48 |
| Sep 30, 2021 | 329.92 |