Formula Systems (1985) Ltd. (FORTY) to Issue Semiannual Dividend of $0.34 on November 2nd

Formula Systems (1985) Ltd. (NASDAQ:FORTY) declared a semiannual dividend on Thursday, September 21st, Wall Street Journal reports. Investors of record on Tuesday, October 17th will be given a dividend of 0.34 per share by the technology company on Thursday, November 2nd. This represents a yield of 1.62%. The ex-dividend date is Monday, October 16th.

Formula Systems (FORTY) opened at 41.30 on Wednesday. The company has a market cap of $592.16 million, a price-to-earnings ratio of 51.24 and a beta of 0.74. The company’s 50-day moving average price is $40.35 and its 200-day moving average price is $39.54. Formula Systems has a 52-week low of $35.52 and a 52-week high of $44.20.

COPYRIGHT VIOLATION NOTICE: This piece was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://stocknewstimes.com/2017/10/11/formula-systems-1985-ltd-forty-to-issue-semiannual-dividend-of-0-34-on-november-2nd.html.

Formula Systems (1985) Company Profile

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.

Dividend History for Formula Systems (1985) (NASDAQ:FORTY)

Receive News & Ratings for Formula Systems (1985) Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Formula Systems (1985) Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply