Open Text Corporation (NASDAQ: OTEX) shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $69.60 as of 9:34 a.m. ET, the dividend yield is 1.7%. The average volume for Open Text Corporation has been 221,700 shares per day over the past 30 days. Open Text Corporation has a market cap of $4.0 billion and is part of the computer software & services industry. Shares are up 22.1% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. OpenText Corporation provides a suite of information management software products and solutions. The company has a P/E ratio of 35.36. TheStreet Ratings rates Open Text Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Open Text Corporation Ratings Report now.
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