Progress Payout Ratio from 2010 to 2024
| PRGS Stock | USD 50.16 0.10 0.20% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.52 | Current Value 0.57 | Quarterly Volatility 0.17724678 |
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
Progress | Payout Ratio |
Latest Progress Software's Payout Ratio Growth Pattern
Below is the plot of the Payout Ratio of Progress Software over the last few years. Payout Ratio is the proportion of Progress Software earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Progress Software dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Progress Software is paying out more in dividends than it makes in net income. It is Progress Software's Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
| Payout Ratio | 10 Years Trend |
|
Payout Ratio |
| Timeline |
Progress Payout Ratio Regression Statistics
| Arithmetic Mean | 0.57 | |
| Geometric Mean | 0.55 | |
| Coefficient Of Variation | 30.86 | |
| Mean Deviation | 0.13 | |
| Median | 0.64 | |
| Standard Deviation | 0.18 | |
| Sample Variance | 0.03 | |
| Range | 0.7248 | |
| R-Value | (0.39) | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.16 | |
| Significance | 0.15 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.44 |
Progress Payout Ratio History
Other Fundumenentals of Progress Software
Progress Software Payout Ratio component correlations
Click cells to compare fundamentals
About Progress Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Progress Software income statement, its balance sheet, and the statement of cash flows. Progress Software investors use historical funamental indicators, such as Progress Software's Payout Ratio, to determine how well the company is positioned to perform in the future. Although Progress Software investors may use each financial statement separately, they are all related. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progress Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progress Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progress Software. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Payout Ratio | 0.52 | 0.57 | |
| Dividend Payout Ratio | 0.52 | 0.57 |
Pair Trading with Progress Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progress Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progress Software will appreciate offsetting losses from the drop in the long position's value.Moving together with Progress Stock
Moving against Progress Stock
The ability to find closely correlated positions to Progress Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progress Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progress Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progress Software to buy it.
The correlation of Progress Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progress Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progress Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Progress Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Progress Stock Analysis
When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.