GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (NAS:FORTY) » Definitions » Dividend Yield %
中文

Formula Systems (1985) (Formula Systems (1985)) Dividend Yield % : 1.66% (As of Apr. 25, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Formula Systems (1985) Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Formula Systems (1985) is 1.66%.

Warning Sign:

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

The historical rank and industry rank for Formula Systems (1985)'s Dividend Yield % or its related term are showing as below:

FORTY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.56   Med: 1.69   Max: 3.66
Current: 1.66

During the past 13 years, the highest Dividend Yield of Formula Systems (1985) was 3.66%. The lowest was 0.56%. And the median was 1.69%.

FORTY's Dividend Yield % is ranked worse than
51.66% of 935 companies
in the Software industry
Industry Median: 1.73 vs FORTY: 1.66

Formula Systems (1985)'s Dividend Payout Ratio for the three months ended in Sep. 2023 was 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.

As of today (2024-04-25), the Forward Dividend Yield % of Formula Systems (1985) is 1.66%.

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.


Formula Systems (1985) Dividend Yield % Historical Data

The historical data trend for Formula Systems (1985)'s Dividend Yield % can be seen below:

* 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.

* Premium members only.

Formula Systems (1985) Dividend Yield % Chart

Formula Systems (1985) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.44 1.14 1.16 1.91

Formula Systems (1985) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.91 2.12 1.66 1.66

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

For the Information Technology Services subindustry, Formula Systems (1985)'s Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Software Industry

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

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



Formula Systems (1985) 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 0.6112024-04-032024-04-042024-04-29Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.242/74.60
=1.66 %

Current Share Price is $74.60.
Formula Systems (1985)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.242.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.222/74.60
=1.64 %

Current Share Price is $74.60.
Formula Systems (1985)'s Dividends per Share for the forward twelve months is calculated as $0.611 * 2 = $1.222.

* 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) 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) Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Formula Systems (1985)'s Dividend Yield % 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.