Menu: Tools -->Text

When the text tool is selected, pressing the left mouse button in the schematic pulls up a text dialog.  On  exit, after pressing ok, text is inserted at the cursor (at the location of the cursor at the start).

Type text into the top box.

The next box down displays the effect of font settings from the toolbar below.

Controls on the toolbar :

The Rotatable control allows text to rotate about its center when an item is rotated using menu Edit->Rotate.  Some styles of library part use rotatable text e.g. for the part value in some resistor library parts.

Note see fields for a set of automatically updating text e.g. save data.