Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
Formula Systems Dividend Announcement
• Formula Systems announced a semi annually dividend of $0.62 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-12
• Formula Systems annual dividend for 2024 was $1.26
• Formula Systems annual dividend for 2023 was $0.62
• Formula Systems's trailing twelve-month (TTM) dividend yield is 1.41%
• Formula Systems's dividend growth over the last five years (2018-2023) was -1.80% year
• Formula Systems's dividend growth over the last ten years (2013-2023) was 5.31% year
Formula Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-12 | $0.62 | semi annually | 2024-10-07 |
| 2024-04-03 | $0.64 | semi annually | 2024-04-29 |
| 2023-06-02 | $0.62 | semi annually | 2023-07-03 |
| 2022-12-02 | $0.63 | semi annually | 2022-12-30 |
| 2022-04-11 | $0.79 | semi annually | 2022-05-06 |
| 2021-08-31 | $0.78 | semi annually | 2021-10-04 |
| 2021-02-17 | $0.66 | semi annually | 2021-03-15 |
| 2020-09-02 | $0.52 | semi annually | 2020-10-02 |
| 2019-12-23 | $0.46 | semi annually | 2020-01-21 |
| 2019-09-11 | $0.52 | semi annually | 2019-10-02 |
| 2018-12-28 | $0.34 | semi annually | 2019-01-24 |
| 2018-06-07 | $0.34 | semi annually | 2018-06-20 |
| 2017-10-16 | $0.34 | semi annually | 2017-11-09 |
| 2016-12-28 | $0.48 | semi annually | 2017-01-19 |
| 2016-07-11 | $0.34 | semi annually | 2016-08-04 |
| 2016-01-15 | $0.34 | semi annually | 2016-02-11 |
| 2015-07-16 | $0.34 | semi annually | 2015-08-13 |
| 2015-01-14 | $0.54 | semi annually | 2015-02-13 |
| 2014-07-10 | $0.48 | semi annually | 2014-08-07 |
| 2014-01-15 | $0.31 | semi annually | 2014-02-12 |
| 2013-06-28 | $0.37 | semi annually | 2013-07-25 |
Formula Systems Dividend per year
Formula Systems Dividend growth
Formula Systems Dividend Yield
Formula Systems current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Formula Systems stock? Use our calculator to estimate your expected dividend yield:
Formula Systems Financial Ratios
P/E ratio18.14
PEG ratio5.32
P/B ratio2.07
ROE11.76%
Payout ratio0.00%
Current ratio1.41
Quick ratio1.38
Cash Ratio0.48
Formula Systems Dividend FAQ
How much is the next Formula Systems dividend?
Formula Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Formula Systems dividend. The next Formula Systems dividend will be released in June.
When is Formula Systems dividend paid?
Formula Systems pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Formula Systems pay?
The specific amount of Formula Systems dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Formula Systems's dividend history.
Does Formula Systems stock pay dividends?
Yes, Formula Systems does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Formula Systems's dividend history.
How much dividend does Formula Systems pay?
Formula Systems paid $1.262 in 2024, $0.621 in 2023, $1.421 in 2022, $1.445 in 2021, and $0.521 in 2020.
How often does Formula Systems pay dividends?
Formula Systems typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Formula Systems's dividend yield?
The current dividend yield for Formula Systems is 1.41%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Formula Systems's exact dividend yield.
When does Formula Systems go ex dividend?
Formula Systems's ex-dividend date for the latest dividend was on 2024-09-12. Formula Systems typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Formula Systems dividend paid?
Formula Systems pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Formula Systems increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Formula Systems will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Formula Systems dividend per share?
Formula Systems paid $1.262 per share in 2024 and $0.621 per share in 2023. The amount of dividend per share that Formula Systems pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Formula Systems a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Formula Systems a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Formula Systems a dividend stock?
Yes, Formula Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Formula Systems a good dividend stock?
Whether Formula Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Formula Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Formula Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Formula Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Formula Systems pay dividends monthly?
Formula Systems typically pays dividends on a semi annually basis.
Does Formula Systems pay dividends quarterly?
Formula Systems currently pays dividends on a semi annually basis.
Has Formula Systems ever paid a dividend?
Yes, Formula Systems has a history of paying dividends to its shareholders. Formula Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Formula Systems dividend stocks?
To buy Formula Systems you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Formula Systems stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Formula Systems stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Formula Systems pay dividends 2024?
Formula Systems pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Formula Systems increase its dividend in 2024?
Decisions regarding Formula Systems dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Formula Systems dividend overview you can look into the above table of dividend history.
How Formula Systems dividend works?
The Formula Systems dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Formula Systems's dividend process works:
1. Determination of Dividend: Formula Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Formula Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Formula Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Formula Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Formula Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Formula Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Formula Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Formula Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Formula Systems dividends paid?
Formula Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Formula Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Formula Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Formula Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Formula Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Formula Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Formula Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Formula Systems pay dividends?
Formula Systems typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Formula Systems pay dividends?
The general pattern is that Formula Systems pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Formula Systems dividend safe?
The safety of Formula Systems's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Formula Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Formula Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Formula Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Formula Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.