Formula Systems (1985) Dividend
Dividend criteria checks 3/6
Formula Systems (1985) is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
31%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$4.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FORT.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: FORT.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Formula Systems (1985) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FORT.Y) | 1.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (IT) | 2.6% |
Analyst forecast in 3 Years (FORT.Y) | n/a |
Notable Dividend: FORT.Y's dividend (1.63%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FORT.Y's dividend (1.63%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), FORT.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate FORT.Y's cash payout ratio to determine if its dividend payments are covered by cash flows.