Progress Software's last dividend of $0.175 per share was on Aug 30, 2024 (ex-date). The annualized dividend payment of $0.7 per share represents a current dividend yield of 1.25%.
PRGS has a dividend yield of 1.25% which is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 2%, Progress Software's dividend yield is 38% lower. Historically PRGS's dividend yield has averaged at 1.4% in the last 5 years, which is above the current yield.
Progress Software has a history of paying dividends since 2016. Our records of PRGS show that the company has issued two dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 11% from a year ago, the dividend yield marks a decrease of 10%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 30, 2024 | $0.175 | 1.2% |
Jun 3, 2024 | $0.175 | 1.39% |
Feb 29, 2024 | $0.175 | 1.31% |
Nov 30, 2023 | $0.175 | 1.3% |
Aug 31, 2023 | $0.175 | 1.15% |
May 31, 2023 | $0.175 | 1.17% |
Feb 28, 2023 | $0.175 | 1.22% |
Nov 30, 2022 | $0.175 | 1.31% |
Aug 31, 2022 | $0.175 | 1.45% |
May 31, 2022 | $0.175 | 1.45% |
Feb 28, 2022 | $0.175 | 1.59% |
Nov 30, 2021 | $0.175 | 1.44% |
Aug 31, 2021 | $0.175 | 1.5% |
May 28, 2021 | $0.175 | 1.55% |
Feb 26, 2021 | $0.175 | 1.6% |
Nov 30, 2020 | $0.175 | 1.67% |
Aug 31, 2020 | $0.165 | 1.74% |
May 29, 2020 | $0.165 | 1.61% |
Feb 28, 2020 | $0.165 | 1.72% |
Nov 29, 2019 | $0.165 | 1.5% |
Aug 29, 2019 | $0.155 | 1.64% |
May 31, 2019 | $0.155 | 1.48% |
Feb 28, 2019 | $0.155 | 1.6% |
Nov 30, 2018 | $0.155 | 1.64% |
Aug 30, 2018 | $0.14 | 1.38% |
May 31, 2018 | $0.14 | 1.44% |
Feb 28, 2018 | $0.14 | 1.13% |
Nov 30, 2017 | $0.14 | 1.25% |
Aug 30, 2017 | $0.125 | 1.51% |
May 30, 2017 | $0.125 | 1.28% |
Feb 27, 2017 | $0.125 | 0.86% |
Nov 29, 2016 | $0.125 | 0.42% |
PRGS has a payout ratio of 53.4% which is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 37.5%, Progress Software's payout ratio is 42% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HPQ Hp Inc | 4.74% | $1.13 | 40.4% |
IBM International Business Machines Corp | 2.8% | $6.68 | 102.1% |
ORCL Oracle Corp | 1.32% | $1.7 | 38.7% |
PRGS Progress Software Corp | 1.25% | $0.7 | 53.4% |
MSFT Microsoft Corp | 0.86% | $3.16 | 25.3% |
Progress Software has paid two dividends in the last 12 months.
Progress Software's last dividend ex-date was on Aug 30, 2024. The dividend amount was $0.175 per share.
On an annual basis PRGS pays $0.7 per share.
The current dividend yield of Progress Software is 1.25%.
Progress Software pays dividends quarterly.
The dividend payout ratio of Progress Software is 53.4%.
Progress Software's dividend yield is below the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.