Progress Software Corporation (PRGS) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that PRGS reports less variability in its free cash flow than 94.55% of the dividend stocks we're tracking.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that PRGS has less fluctuation in its price than 88.27% of stocks we're observing.
- As for stocks whose price is uncorrelated with PRGS's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PPL, BF.B, WEN, CL and ATNI.
PRGS Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $54.37 | $16.98 | -61.74% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for PRGS, the DDM model generated by StockNews estimates a return of negative 61.74% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Progress Software Corp are:
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for PRGS, approximately merely 21.91% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- The stock's annual revenue of roughly $531 million puts it in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than merely 19.5% of companies in the same revenue class.
PRGS Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-11-30 | Dividend | $0.18 | -- |
| 2023-08-31 | Dividend | $0.18 | -- |
| 2023-05-31 | Dividend | $0.18 | -- |
| 2023-02-28 | Dividend | $0.18 | -- |
| 2022-11-30 | Dividend | $0.18 | -- |
| 2022-08-31 | Dividend | $0.18 | -- |
| 2022-05-31 | Dividend | $0.18 | -- |
| 2022-02-28 | Dividend | $0.18 | -- |
| 2021-11-30 | Dividend | $0.18 | -- |
| 2021-08-31 | Dividend | $0.18 | -- |
| 2021-05-28 | Dividend | $0.18 | -- |
| 2021-02-26 | Dividend | $0.18 | -- |
| 2020-11-30 | Dividend | $0.18 | +6.06% |
| 2020-08-31 | Dividend | $0.17 | -- |
| 2020-05-29 | Dividend | $0.17 | -- |
| 2020-02-28 | Dividend | $0.17 | -- |
| 2019-11-29 | Dividend | $0.17 | +6.45% |
| 2019-08-29 | Dividend | $0.16 | -- |
| 2019-05-31 | Dividend | $0.16 | -- |
| 2019-02-28 | Dividend | $0.16 | -- |
| 2018-11-30 | Dividend | $0.16 | +10.71% |
| 2018-08-30 | Dividend | $0.14 | -- |
| 2018-05-31 | Dividend | $0.14 | -- |
| 2018-02-28 | Dividend | $0.14 | -- |
| 2017-11-30 | Dividend | $0.14 | +12.00% |
| 2017-08-30 | Dividend | $0.13 | -- |
| 2017-05-30 | Dividend | $0.13 | -- |
| 2017-02-27 | Dividend | $0.13 | -- |
| 2016-11-29 | Dividend | $0.13 | -- |
| 2011-01-31 | Split | ||
| 2000-01-24 | Split | ||
| 1998-07-14 | Split | ||
| 1995-11-28 | Split |
PRGS Dividends vs. Peers
PRGS's dividend yield currently ranks #30 of 235 vs. its peers in the Software - Application category.
Looking for More Information on PRGS dividends?
Want to do more research on Progress Software Corp's dividends? Try the links below:Progress Software Corp Common Stock (PRGS) Dividend History | Nasdaq
Dividend History for Progress Software Corp (PRGS) - Dividend Investor
Progress Software Corp (PRGS) Dividend History - Seeking Alpha