Formula Systems declares USD 0.34 dividend

Formula Systems (1985) Ltd. (NASDAQ: FORTY) has declared a cash dividend of USD 0.34 per share and in the aggregate amount of approximately USD 5.0 million.

The dividend is payable on February 4, 2016 to all of the company´s shareholders of record at the close of trading on the NASDAQ Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on January 20, 2016.

Formula Systems (1985) is a global information technology company principally engaged, through its public company subsidiaries Matrix, Sapiens Corporation and Magic Software and its privately held subsidiary InSync Staffing Solutions, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions.