Formula Systems (1985) Dividends and Buybacks
Dividend criteria checks 3/6
Formula Systems (1985) is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.260 |
| Payout ratio | 13% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FORT.Y) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (IT) | 2.2% |
| Analyst forecast (FORT.Y) (up to 3 years) | n/a |
Notable Dividend: FORT.Y's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FORT.Y's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), FORT.Y's dividend payments are thoroughly 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.