|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||42.10 - 42.10|
|52 Week Range||35.52 - 44.20|
|PE Ratio (TTM)||52.23|
|Dividend & Yield||0.68 (1.58%)|
|1y Target Est||N/A|
Categories: Yahoo FinanceGet free summary analysis Formula Systems (1985) Ltd. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Formula Systems (1985) Ltd. – Sapiens International Corp. NV, Pegasystems Inc., Fair Isaac Corporation, CA, Inc., Oracle Corporation and HP Inc. (SPNS-US, PEGA-US, FICO-US, CA-US, ORCL-US and ... Read more (Read more...)
Formula Systems (1985) Ltd. (FORTY), a leading software consulting services, computer-based business solutions and proprietary software products holding company, today announced that its Board of Directors has declared a cash dividend in the amount of US $0.34 per share and in the aggregate amount of approximately US $5.0 million. The dividend is payable on November 2nd, 2017 to all of the Company's shareholders of record at the close of trading on the NASDAQ Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on October 17, 2017. In accordance with Israeli tax law, the dividend is subject to withholding at source at the rate of 30% (if the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company's share capital) or 25% (for all other dividend recipients) of the dividend amount payable to each shareholder of record, subject to applicable exemptions.
On a per-share basis, the Or Yehuda, Israel-based company said it had profit of less than 1 cent. The information technology company posted revenue of $329.1 million in the period. Formula Systems shares ...