WallStreetZenWallStreetZen

NASDAQ: PRGS
Progress Software Corp Stock Dividend Yield & Dates

PRGS dividend stability and growth

Last Dividend per share
$0.1750
Forward Dividend yield
1.31%
PRGS's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
PRGS dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

PRGS dividend yield vs industry/market

Company
1.36%
Industry
2.39%
PRGS dividends (1.36%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
PRGS dividends (1.36%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

PRGS dividend payout ratio

Progress Software Corp paid out 44% of its earnings over the trailing twelve months.
Retained earnings
56%
Payout ratio
44%
PRGS earnings ($69.16M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

PRGS vs App Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
PRGS1.36%Yes0+44.00%
INTAN/AN/A0.00%
AGYSN/AN/A0.00%
PLUSN/AN/A0.00%
ALKTN/AN/A0.00%

PRGS dividend dates

Next dividend payment date
Jun 17, 2024
Next ex-dividend date
Jun 3, 2024

Be the first to know when PRGS increases or cuts their dividend.

Progress Software Dividends FAQ

Does Progress Software pay a dividend?

Yes, PRGS has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Progress Software stock.

What is Progress Software's Dividend Payment Date?

Progress Software's next dividend payment date is on 2024-06-17, when Progress Software shareholders who owned PRGS shares before 2024-06-03 will receive a dividend payment of $0.1750 per share. Add PRGS to your watchlist to be reminded of PRGS's next dividend payment.

Is Progress Software's dividend stable?

Yes, PRGS's dividend has been stable for the last 10 years.

Does Progress Software have sufficient earnings to cover their dividend?

Yes, PRGS's past year earnings per share was $1.59, and their annual dividend per share is $0.70. PRGS's dividend payout ratio is 44%, which is sustainable.

How much is Progress Software's dividend?

PRGS pays a dividend of $0.70 per share. PRGS's annual dividend yield is 1.36%. Progress Software's dividend is lower than the US industry average of 2.39%, and it is lower than the US market average of 4.14%.

What is Progress Software's Ex-Dividend Date?

Progress Software's upcoming ex-dividend date is on 2024-06-03. Progress Software shareholders who own PRGS stock before this date will receive Progress Software's next dividend payment of $0.1750 per share on 2024-06-17. Add PRGS to your watchlist to be reminded before PRGS's ex-dividend date.

Is Progress Software's dividend showing long-term growth?

Yes, PRGS's' dividend has been growing over the last 10 years.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.