$31.96
-6.1%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.
Total Payments
32
Latest Dividend
$0.1750
Annual Amount
$0.8750
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Jun 18, 2024 | Sep 2, 2024 | Sep 16, 2024 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Mar 19, 2024 | Jun 3, 2024 | Jun 17, 2024 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jan 16, 2024 | Mar 1, 2024 | Mar 15, 2024 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Sep 26, 2023 | Dec 1, 2023 | Dec 15, 2023 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jun 29, 2023 | Sep 1, 2023 | Sep 15, 2023 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Mar 28, 2023 | Jun 1, 2023 | Jun 15, 2023 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jan 17, 2023 | Mar 1, 2023 | Mar 15, 2023 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Sep 23, 2022 | Dec 1, 2022 | Dec 15, 2022 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jun 21, 2022 | Sep 1, 2022 | Sep 15, 2022 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Mar 29, 2022 | Jun 1, 2022 | Jun 15, 2022 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jan 18, 2022 | Mar 1, 2022 | Mar 15, 2022 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Sep 21, 2021 | Dec 1, 2021 | Dec 15, 2021 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jun 22, 2021 | Sep 1, 2021 | Sep 15, 2021 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Mar 23, 2021 | Jun 1, 2021 | Jun 15, 2021 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Jan 14, 2021 | Mar 1, 2021 | Mar 15, 2021 | $0.1750 | $0.1750 | Quarterly | 0.00% |
Sep 29, 2020 | Dec 1, 2020 | Dec 15, 2020 | $0.1750 | $0.1750 | Quarterly | +6.06% |
Jun 23, 2020 | Sep 1, 2020 | Sep 15, 2020 | $0.1650 | $0.1650 | Quarterly | 0.00% |
Mar 18, 2020 | Jun 1, 2020 | Jun 15, 2020 | $0.1650 | $0.1650 | Quarterly | 0.00% |
Jan 8, 2020 | Mar 2, 2020 | Mar 16, 2020 | $0.1650 | $0.1650 | Quarterly | 0.00% |
Sep 24, 2019 | Dec 2, 2019 | Dec 16, 2019 | $0.1650 | $0.1650 | Quarterly | +6.45% |
Jun 25, 2019 | Sep 2, 2019 | Sep 16, 2019 | $0.1550 | $0.1550 | Quarterly | 0.00% |
Mar 19, 2019 | Jun 3, 2019 | Jun 17, 2019 | $0.1550 | $0.1550 | Quarterly | 0.00% |
Jan 8, 2019 | Mar 1, 2019 | Mar 15, 2019 | $0.1550 | $0.1550 | Quarterly | 0.00% |
Sep 21, 2018 | Dec 3, 2018 | Dec 17, 2018 | $0.1550 | $0.1550 | Quarterly | +10.71% |
Jun 20, 2018 | Sep 3, 2018 | Sep 17, 2018 | $0.1400 | $0.1400 | Quarterly | 0.00% |
Mar 27, 2018 | Jun 1, 2018 | Jun 15, 2018 | $0.1400 | $0.1400 | Quarterly | 0.00% |
Jan 5, 2018 | Mar 1, 2018 | Mar 15, 2018 | $0.1400 | $0.1400 | Quarterly | 0.00% |
Sep 6, 2017 | Dec 1, 2017 | Dec 15, 2017 | $0.1400 | $0.1400 | Quarterly | +12.00% |
Jul 11, 2017 | Sep 1, 2017 | Sep 15, 2017 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Mar 30, 2017 | Jun 1, 2017 | Jun 15, 2017 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Jan 17, 2017 | Mar 1, 2017 | Mar 15, 2017 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Oct 21, 2016 | Dec 1, 2016 | Dec 15, 2016 | $0.1250 | $0.1250 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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