Looking at the universe of stocks we cover at Dividend Channel, on 11/19/14,
As a percentage of OTEX's recent stock price of $58.93, this dividend works out to approximately 0.29%, so look for shares of Open Text Corp to trade 0.29% lower — all else being equal — when OTEX shares open for trading on 11/19/14. Similarly, investors should look for MCHP to open 0.82% lower in price and for RBA to open 0.56% lower, all else being equal.
Below are dividend history charts for OTEX, MCHP, and RBA, showing historical dividends prior to the most recent ones declared.
Open Text Corp (NASD: OTEX):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.17% for Open Text Corp, 3.29% for Microchip Technology, Inc., and 2.24% for Ritchie Bros. Auctioneers, Inc..
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In Monday trading, Open Text Corp shares are currently down about 0.3%, Microchip Technology, Inc. shares are up about 0.1%, and Ritchie Bros. Auctioneers, Inc. shares are down about 0.1% on the day.
