Sapiens ( (SPNS) ) just unveiled an announcement.
On March 26, 2025, Sapiens International Corporation announced a cash dividend of $16.8 million for the second half of 2024 and a special dividend of $20.1 million for the entire year of 2024, totaling $36.9 million. This dividend distribution aligns with the company’s policy of distributing up to 40% of its annual non-GAAP net income. Additionally, Sapiens revealed that a major U.S. multi-line insurer has expanded its partnership by selecting Sapiens Insurance Platform for Life & Annuities, which will enhance the insurer’s digital transformation and operational efficiency. This move is expected to strengthen Sapiens’ position in the insurance software industry by providing the insurer with advanced data-driven insights and improved business retention strategies.
More about Sapiens
Sapiens International Corporation is a global leader in intelligent insurance SaaS-based software solutions, providing a robust platform that empowers insurers to future-proof their organizations. With a strong global presence, Sapiens serves over 600 customers in more than 30 countries, offering solutions that harness AI and advanced automation to support core insurance solutions including property and casualty, workers’ compensation, and life insurance.
YTD Price Performance: 4.52%
Average Trading Volume: 184,835
Technical Sentiment Signal: Sell
Current Market Cap: $1.52B
Find detailed analytics on SPNS stock on TipRanks’ Stock Analysis page.