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Sapiens International Corporation N.V.
SPNS, a provider of
innovative software solutions and a member of the Formula Systems Group
announced today that the Company's Board of
Directors has approved the distribution of a cash dividend of $0.15 per share,
or approximately $6 million in the aggregate, to its shareholders of record as
of January 25, 2013. The payment of the dividend is subject to shareholders'
approval. The Company intends to convene an Extraordinary General Meeting of
its shareholders to be held on February 20, 2013, for the purpose of approving
the payment of the foregoing dividend. The Board of Directors will recommend
that the Company's shareholders approve the dividend.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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