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 97.13% of the dividend stocks we're tracking.
- 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: WDFC, CHRA, ALRM, TUP and HX.
PRGS Price Forecast Based on Dividend Discount Model
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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. In the case of PRGS, the dividend discount model StockNews created for the company implies a negative return of 17.09%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Progress Software Corp are:
- The amount of revenue Progress Software Corp earns annually is around 437 million; in terms of how this translates into revenue, it has a dividend yield higher than merely 23.13% of companies in the small revenue class.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PRGS, approximately 87.77% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PRGS Dividend Chart
PRGS Dividend History
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PRGS Dividends vs. Peers
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