Formula Systems (1985) Ltd. (NASDAQ:FORTY) announced a None dividend on Wednesday, September 27th, Zacks reports. Stockholders of record on Tuesday, October 17th will be paid a dividend of 0.235 per share by the technology company on Thursday, November 9th. The ex-dividend date is Monday, October 16th.
Shares of Formula Systems (NASDAQ FORTY) opened at 41.30 on Wednesday. The firm has a market cap of $592.16 million, a P/E ratio of 51.24 and a beta of 0.74. Formula Systems has a one year low of $35.52 and a one year high of $44.20. The stock’s 50 day moving average is $40.35 and its 200-day moving average is $39.54.
About Formula Systems (1985)
Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.
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