8-KFiled Aug 5, 8:00 PM ET
Open Text Corp Reports Q3 2026 Results, Declares $0.28 Dividend
$OTEX · OPEN TEXT CORPResearch Summary
AI-generated summary of this SEC filing
Open Text Corp Reports Q3 2026 Results, Declares $0.28 Dividend
What Happened
- On August 6, 2026, Open Text Corporation filed an 8-K and issued a press release (furnished as Exhibit 99.1) announcing its financial results for the quarter ended June 30, 2026. The filing reports the company’s results of operations and financial condition for that quarter.
- The Board of Directors declared a cash dividend of $0.28 per common share, payable September 18, 2026, to shareholders of record on September 4, 2026. The company reiterated its intention to maintain a dividend program, while noting future dividends remain at the Board’s discretion and subject to contractual limits.
Key Details
- Filing date / press release: August 6, 2026 (press release furnished as Exhibit 99.1).
- Reporting period: Quarter ended June 30, 2026 (quarterly results announced).
- Dividend: $0.28 per common share; record date September 4, 2026; payment date September 18, 2026.
- Dividend policy caveats: Future dividends are discretionary each quarter and subject to financial position, cash needs, Board judgment and contractual limitations (including credit agreements).
Why It Matters
- The 8-K signals that investors should review the August 6 press release for the company’s reported revenue, earnings, and other performance metrics for the quarter (the filing itself references those results but does not provide line-item figures in the 8-K cover text).
- The declared $0.28 dividend shows Open Text continues returning cash to shareholders, but the filing makes clear dividends can be changed or suspended based on the Board’s quarterly assessment and contractual restrictions—important when assessing income expectations and cash-flow risk.