Magic declares cash dividend for 1st half 2016

Board of directors of Magic Software Enterprises Ltd. (NASDAQ: MGIC), in compliance with its semi-annual dividend distribution policy, has declared a cash dividend in the amount of USD0.085 per share and in the aggregate amount of approximately USD3.8 million for the first half of 2016, the company said.

The dividend is payable on September 22, 2016 to all of the company´s shareholders of record on September 8, 2016.

Magic Software Enterprises is a global provider of software platforms for enterprise mobility, cloud applications and business integration that empowers customers and partners with smarter technology that provides a multichannel user experience of enterprise logic and data.