The special dividend is a one-time event tied to the Sapiens sale proceeds. Traders should monitor for any follow-on capital allocation plans (e.g., buybacks, M&A) and the next quarterly earnings for underlying operational trends. The dividend date is June 4, 2026; ex-dividend date likely May 22, 2026.
Price Chart
Executive Summary
Formula Systems declared a special cash dividend of $13.045 per share (~$200M total), funded by the completion of the Sapiens acquisition by Advent. The dividend rewards shareholders and signals strong cash generation, but the payout is a one-time event tied to a specific transaction, not recurring operational performance.
Key Financial Metrics
Key Facts
- Special dividend of $13.045 per share, totaling ~$200 million.
- Dividend payable on June 4, 2026 to shareholders of record on May 25, 2026.
- Dividend is based on 2025 results and the completion of the Sapiens acquisition by Advent.
- CEO Guy Bernstein cited strong financial performance and confidence in strategic execution.
- Withholding tax rates: 30% for 10%+ holders, 25% for others, subject to exemptions.
Financial Impact
~$200 million total dividend payout, or $13.045 per share.
Risk Factors
- One-time dividend does not reflect recurring operational cash flow.
- Future capital allocation may shift to M&A or debt reduction, reducing shareholder returns.
- Israeli withholding tax reduces net payout for non-exempt holders.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3294971 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 25, 2026 8w ago | Press Release | $117.51 $125.72 | ▲ +6.99% | ▲ +7.53% | $129.90 (+10.54%) |
May 28, 2026 21w ago | Press Release | $132.54 $138.25 | ▲ +4.31% | ▲ +4.36% | $129.90 (−1.99%) |
May 14, 2026 23w ago | Press Release | $126.91 $129.64 | ▲ +2.15% | ▲ +2.88% | $129.90 (+2.36%) |
US Market Status
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