Progress Software Corporation

Progress Software Corporation

PRGSยทNASDAQ

$31.96

-6.1%
TechnologySoftware - Application

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS1.7000
P/E Ratio18.80
Earnings Date06/29/2026
0.01%
Dividend Yield
59%
3Y-96.0%
5Y-97.0%
10Y-
0.89%
Dividend Payout Ratio
74%
3Y-97.0%
5Y-98.0%
10Y-
3Y-97.0%
5Y-97.0%
10Y-
Progress Software Corporation

Progress Software Corporation Dividend History

PRGS ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PRGS Dividend Payment History

PRGS ยท NASDAQ

Total Payments

32

Latest Dividend

$0.1750

Annual Amount

$0.8750

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Jun 18, 2024
Sep 2, 2024Sep 16, 2024
$0.1750
$0.1750
Quarterly0.00%
Mar 19, 2024
Jun 3, 2024Jun 17, 2024
$0.1750
$0.1750
Quarterly0.00%
Jan 16, 2024
Mar 1, 2024Mar 15, 2024
$0.1750
$0.1750
Quarterly0.00%
Sep 26, 2023
Dec 1, 2023Dec 15, 2023
$0.1750
$0.1750
Quarterly0.00%
Jun 29, 2023
Sep 1, 2023Sep 15, 2023
$0.1750
$0.1750
Quarterly0.00%
Mar 28, 2023
Jun 1, 2023Jun 15, 2023
$0.1750
$0.1750
Quarterly0.00%
Jan 17, 2023
Mar 1, 2023Mar 15, 2023
$0.1750
$0.1750
Quarterly0.00%
Sep 23, 2022
Dec 1, 2022Dec 15, 2022
$0.1750
$0.1750
Quarterly0.00%
Jun 21, 2022
Sep 1, 2022Sep 15, 2022
$0.1750
$0.1750
Quarterly0.00%
Mar 29, 2022
Jun 1, 2022Jun 15, 2022
$0.1750
$0.1750
Quarterly0.00%
Jan 18, 2022
Mar 1, 2022Mar 15, 2022
$0.1750
$0.1750
Quarterly0.00%
Sep 21, 2021
Dec 1, 2021Dec 15, 2021
$0.1750
$0.1750
Quarterly0.00%
Jun 22, 2021
Sep 1, 2021Sep 15, 2021
$0.1750
$0.1750
Quarterly0.00%
Mar 23, 2021
Jun 1, 2021Jun 15, 2021
$0.1750
$0.1750
Quarterly0.00%
Jan 14, 2021
Mar 1, 2021Mar 15, 2021
$0.1750
$0.1750
Quarterly0.00%
Sep 29, 2020
Dec 1, 2020Dec 15, 2020
$0.1750
$0.1750
Quarterly+6.06%
Jun 23, 2020
Sep 1, 2020Sep 15, 2020
$0.1650
$0.1650
Quarterly0.00%
Mar 18, 2020
Jun 1, 2020Jun 15, 2020
$0.1650
$0.1650
Quarterly0.00%
Jan 8, 2020
Mar 2, 2020Mar 16, 2020
$0.1650
$0.1650
Quarterly0.00%
Sep 24, 2019
Dec 2, 2019Dec 16, 2019
$0.1650
$0.1650
Quarterly+6.45%
Jun 25, 2019
Sep 2, 2019Sep 16, 2019
$0.1550
$0.1550
Quarterly0.00%
Mar 19, 2019
Jun 3, 2019Jun 17, 2019
$0.1550
$0.1550
Quarterly0.00%
Jan 8, 2019
Mar 1, 2019Mar 15, 2019
$0.1550
$0.1550
Quarterly0.00%
Sep 21, 2018
Dec 3, 2018Dec 17, 2018
$0.1550
$0.1550
Quarterly+10.71%
Jun 20, 2018
Sep 3, 2018Sep 17, 2018
$0.1400
$0.1400
Quarterly0.00%
Mar 27, 2018
Jun 1, 2018Jun 15, 2018
$0.1400
$0.1400
Quarterly0.00%
Jan 5, 2018
Mar 1, 2018Mar 15, 2018
$0.1400
$0.1400
Quarterly0.00%
Sep 6, 2017
Dec 1, 2017Dec 15, 2017
$0.1400
$0.1400
Quarterly+12.00%
Jul 11, 2017
Sep 1, 2017Sep 15, 2017
$0.1250
$0.1250
Quarterly0.00%
Mar 30, 2017
Jun 1, 2017Jun 15, 2017
$0.1250
$0.1250
Quarterly0.00%
Jan 17, 2017
Mar 1, 2017Mar 15, 2017
$0.1250
$0.1250
Quarterly0.00%
Oct 21, 2016
Dec 1, 2016Dec 15, 2016
$0.1250
$0.1250
Quarterly-
prgs

Progress Software Corporation Payout Ratio Analysis

PRGS ยท NASDAQ
Dividends Paid
-786.00K
2025
Net Income
73.13M
2025
Payout Ratio
1.07%
2025

Dividend Sustainability Analysis

Payout Ratio
1.07%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
0.3%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
+97.5%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Excellent

Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.

Key Insight

Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.