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-0.000889481876806741 -0.000444740938403292 0.000222370469201804 0.000222370469201804 0.000222370469201804 0.000222370469201804 0.000222370469201804 0.000222370469201804
Stock impact report

The Dividend Stock I'd Choose Over Telus or BCE Right Now [Yahoo! Finance Canada]

Open Text Corporation - Common Shares (OTEX) 
Last open text corporation - common shares earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.opentext.com/investor-relations
BCE cut its dividend in 2025, and Telus shelved any plans to raise its payout as both companies prioritize paying down towering debt loads. That leaves income investors hunting for a better home. OpenText ) is the one I'd buy instead, and here's why. OpenText is a software company that manages enterprise content, meaning the contracts, emails, documents, and regulated data that large organizations run on. Why Canadian telecom dividends are struggling right now BCE and Telus built enormous networks over the last decade, and borrowed heavily to do so. When interest rates rose, the debt load increased significantly, making the dividend payout unsustainable. BCE responded by cutting its dividend outright in 2025, while Telus paused any future dividend hikes to redirect cash flow towards debt reduction. OpenText, by contrast, is moving in the opposite direction. The company recently expanded its share buyback program by US$500 million. At recent prices, that represents roughly Show less Read more
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