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Formula Systems (1985) (Formula Systems (1985)) Forward Dividend Yield % : 1.47% (As of May. 11, 2024)


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What is Formula Systems (1985) Forward Dividend Yield %?

As of today (2024-05-11), the Forward Annual Dividend Yield of Formula Systems (1985) is 1.47%.

As of today (2024-05-11), the Trailing Annual Dividend Yield of Formula Systems (1985) is 1.47%.

FORTY's Forward Dividend Yield % is ranked worse than
61.69% of 945 companies
in the Software industry
Industry Median: 1.99 vs FORTY: 1.47

Formula Systems (1985)'s Dividends per Share for the three months ended in Sep. 2023 was $0.00.

During the past 12 months, Formula Systems (1985)'s average Dividends Per Share Growth Rate was 62.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Formula Systems (1985) was 46.40% per year. The lowest was -42.00% per year. And the median was -2.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Formula Systems (1985)'s Forward Dividend Yield %

For the Information Technology Services subindustry, Formula Systems (1985)'s Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Formula Systems (1985)'s Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s Forward Dividend Yield % falls into.



Formula Systems (1985) Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Formula Systems (1985) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6110842024-04-032024-04-042024-04-29Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.6309142023-06-022023-06-052023-07-03Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Formula Systems (1985)'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.222168/84.27
=1.45 %

Current Share Price is $84.27.
Formula Systems (1985)'s Dividends per Share for the forward twelve months is calculated as $0.611084 * 2 = $1.222168.

Formula Systems (1985)'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.241998/84.27
=1.47 %

Current Share Price is $84.27.
Formula Systems (1985)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.241998.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Formula Systems (1985)  (NAS:FORTY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Formula Systems (1985) Forward Dividend Yield % Related Terms

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Formula Systems (1985) (Formula Systems (1985)) Business Description

Traded in Other Exchanges
Address
Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.