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Formula Systems (1985) (Formula Systems (1985)) 5-Year Dividend Growth Rate : 28.10% (As of Sep. 2023)


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What is Formula Systems (1985) 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Formula Systems (1985)'s Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00. As of today, Formula Systems (1985)'s Dividend Yield % is 1.66%.

Warning Sign:

Formula Systems (1985) Ltd stock dividend yield is close to 1-year low.

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


Competitive Comparison of Formula Systems (1985)'s 5-Year Dividend Growth Rate

For the Information Technology Services subindustry, Formula Systems (1985)'s 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s 5-Year Dividend Growth Rate falls into.



Formula Systems (1985) 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Formula Systems (1985)  (NAS:FORTY) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Formula Systems (1985)'s Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0/ 1
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Formula Systems (1985) was 0.72. The lowest was 0.07. And the median was 0.40.

2. 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 0.6112024-04-032024-04-042024-04-29Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.6312023-06-022023-06-052023-07-03Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.242/74.80
=1.66 %

Current Share Price is $74.80.
Formula Systems (1985)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.242.

During the past 13 years, the highest Dividend Yield of Formula Systems (1985) was 3.70%. The lowest was 0.56%. And the median was 1.71%.

Warning Sign:

Formula Systems (1985) Ltd stock dividend yield is close to 1-year low.

* 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) 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Formula Systems (1985)'s 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


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.