Progress Software Corporation Dividend
Progress Software Corporation Dividend history 8 years & estimates 2024 to 2026
Dividend Analysis of the Progress Software Corporation Stock
| Current dividend yield | 2.94 % |
| Dividendenrendite 5 Jahre | 3.59 % |
| Dividend Yield 10Y | 4.76 % |
| Payout 3Y | 6.1 % |
When does Progress Software Corporation pay a dividend?
The Progress Software Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Progress Software Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Progress Software Corporation are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.175
$0.18
|
Aug 30 2024
Aug 30 2024
Sep 16 2024
Aug 30 24
Sep 16 24 |
Sep 16 2024 |
quarterly
quarterly
|
| 2024 |
$0.175
$0.18
|
Jun 03 2024
Jun 03 2024
Jun 17 2024
Jun 03 24
Jun 17 24 |
Jun 17 2024 |
quarterly
quarterly
|
| 2024 |
$0.175
$0.18
|
Feb 29 2024
Feb 29 2024
Mar 15 2024
Feb 29 24
Mar 15 24 |
Mar 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.175
$0.18
|
Nov 30 2023
Nov 30 2023
Dec 15 2023
Nov 30 23
Dec 15 23 |
Dec 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.175
$0.18
|
Aug 31 2023
Aug 31 2023
Sep 15 2023
Aug 31 23
Sep 15 23 |
Sep 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.175
$0.18
|
May 31 2023
May 31 2023
Jun 15 2023
May 31 23
Jun 15 23 |
Jun 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.175
$0.18
|
Feb 28 2023
Feb 28 2023
Mar 15 2023
Feb 28 23
Mar 15 23 |
Mar 15 2023 |
quarterly
quarterly
|
| 2022 |
$0.175
$0.18
|
Nov 30 2022
Nov 30 2022
Dec 15 2022
Nov 30 22
Dec 15 22 |
Dec 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.175
$0.18
|
Aug 31 2022
Aug 31 2022
Sep 15 2022
Aug 31 22
Sep 15 22 |
Sep 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.175
$0.18
|
May 31 2022
May 31 2022
Jun 15 2022
May 31 22
Jun 15 22 |
Jun 15 2022 |
quarterly
quarterly
|
How much dividend does Progress Software Corporation pay?
Progress Software Corporation most recently paid a dividend of $0.18. Progress Software Corporation paid a Dividend of $0.70 Per Share in the financial year 2023. With a stock price of $65.84 at Sep 26 2024, the current dividend yield is 1.06% (calculation: $0.70 / $65.84 = 1.06%). No special dividend was paid.
What is the Progress Software Corporation Dividend Yield and payout ratio?
The average Progress Software Corporation dividend yield over the last 5 years is 1.50% and the average over the last 10 years is 1.23%.
The payout ratio of Progress Software Corporation in relation to the last financial year is 44.59%. The payout ratio smoothed over 3 years is 38.32%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Progress Software Corporation |
|---|---|
| Current dividend yield | 1.06% |
| Dividend Yield 5Y | 1.50% |
| Dividend Yield 10Y | 1.23% |
| Payout 1Y | 44.59% |
| Payout 3Y | 38.32% |
Is the Progress Software Corporation dividend safe? Continuity & Dividend Growth
Is the Progress Software Corporation dividend safe?
Progress Software Corporation has been paying a dividend for 8 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to 0.00%. The average Progress Software Corporation Dividend Growth over the last 5 years is 4.01%.
| Metric | Progress Software Corporation |
|---|---|
| Increased | 0 Years |
| Continuity | 8 Years |
| Paid | 8 Years |
| Growth 1Y | 0.00% |
| Growth 5Y | 4.01% |
Continuity
Progress Software Corporation has been paying a dividend for 8 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 0.00%. The average Progress Software Corporation Dividend Growth over the last 5 years is 4.01%.
Progress Software Corporation Stock Forecast 2024
On the stock exchange, the Progress Software Corporation stock (ISIN: US7433121008) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Progress Software Corporation 22.10% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Progress Software Corporation stock price in real time at the top of the page.
Progress Software Corporation (symbol: PRGS) is valued at a Price / Earnings Ratio (P/E ratio) of 35.30 and a price/sales ratio (P/S ratio) of 3.94 valued. Based on analyst estimates, the Progress Software Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 37.25 according to P/E ratio and 3.75 according to P/S.
| Metric | Progress Software Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
22.10%
|
| P/E TTM | 35.30 |
| P/S TTM | 3.94 |
| P/E forward | 37.25 |
| P/S forward | 3.75 |
Progress Software Corporation (symbol: PRGS) is valued at a Price / Earnings Ratio (P/E ratio) of 35.30 and a price/sales ratio (P/S ratio) of 3.94 valued. Based on analyst estimates, the Progress Software Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 37.25 according to P/E ratio and 3.75 according to P/S.
Discover more Dividend Stocks
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
