Progress Software (PRGS) Initiates Qtr. Dividend at 12.5c/Share; Will Continue Stock Buybacks

September 28, 2016 4:22 PM EDT

Get daily under-the-radar research with's Stealth Growth Insider Get your 2-Wk Free Trial here.

Progress Software (NASDAQ: PRGS) has initiated a quarterly dividend of $0.125 per share, or $0.50 annualized.

The dividend will be payable on December 15, 2016, to stockholders of record on December 1, 2016, with an ex-dividend date of November 29, 2016.

The annual yield on the dividend is 1.8 percent.

Progress also intends to continue to repurchase Progress common stock under the existing $200 million authorization previously approved by the Board in March 2016.

For a dividend history and other dividend-related data on Progress Software (PRGS) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Dividends, Stock Buybacks

Related Entities


Add Your Comment