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Formula Systems ( (FORTY) ) has shared an announcement.
On May 14, 2026, Formula Systems said its board had approved a special cash dividend of $13.045 per share, totaling about $200 million, based on its 2025 results and boosted by the completion of Advent’s acquisition of Sapiens. The dividend, payable June 4, 2026 to shareholders of record as of May 25 on both Nasdaq- and TASE-listed securities, highlights the group’s strong cash generation and signals management’s confidence in its strategy while returning significant capital to long-standing investors, subject to Israeli withholding tax rules.
Management noted that the decision followed an assessment of Formula’s current and expected liquidity and capital needs, concluding the company could both fund the payout and pursue its growth plans. The move underscores the contribution of Formula’s investment portfolio to earnings and accretive growth, reinforcing its position in the IT services and software sector and potentially enhancing its appeal to income-focused and long-term shareholders.
Spark’s Take on FORTY Stock
According to Spark, TipRanks’ AI Analyst, FORTY is a Outperform.
Formula Systems scores well due to strong financial performance and positive technical indicators. The company’s robust growth and profitability, along with bullish market momentum, are significant strengths. However, the high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.
To see Spark’s full report on FORTY stock, click here.
More about Formula Systems
Formula Systems (1985) Ltd. is a global information technology holding company whose ordinary shares trade on the Tel Aviv Stock Exchange and whose American Depositary Shares trade on the Nasdaq Global Select Market. Through its subsidiaries and affiliates, the group provides software consulting services, computer-based business solutions and develops proprietary software products for a broad international client base.
Average Trading Volume: 575
Technical Sentiment Signal: Buy
Current Market Cap: $2.2B
For an in-depth examination of FORTY stock, go to TipRanks’ Overview page.