Open Text Corp (OTEX) has been recognized on the Dividend Channel International S.A.F.E. 10 list for its strong 2.8% yield and consistent dividend growth over five years. OTEX is also a significant holding in the Powershares International Dividend Achievers ETF, representing 2.50% of the fund’s portfolio. The company pays an annualized dividend of $0.97196 per share, distributed quarterly. OTEX operates in the Application Software sector alongside companies like Microsoft Corporation and Alibaba Group Holding Ltd. This recognition highlights the company’s solid dividend performance and enduring track record.
Read more at Nasdaq: OTEX Named Top 10 SAFE International Dividend Stock