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Stock impact report

SAPIENS DECLARES CASH DIVIDEND OF $15.6 MILLION, OR $0.28 PER SHARE FOR THE SECOND HALF OF 2023 [Yahoo! Finance]

Sapiens International Corporation N.V. - Common Shares (SPNS) 
Last sapiens international corporation n.v. - common shares earnings: 2/24 07:11 am Check Earnings Report
US:NASDAQ Investor Relations: sapiens.com/investors
Company Research Source: Yahoo! Finance
software solutions for the insurance industry, announced today that its board of directors has approved the distribution of a cash dividend, based on 2023 second-half results, of per share, or $15.6 million in total. The dividend is in line with the Company's policy of distributing on a semi-annual basis up to 40% of its annual non-GAAP net income and will be paid on April 18, 2024 to Sapiens' shareholders of record as of April 5, 2024 . The dividend is subject to withholding of Israeli tax at source at the rate of 25% of the dividend amount payable to each shareholder of record. "This dividend distribution to Sapiens' shareholders underscores our company's robust financial performance and our unwavering confidence in our strategic execution," stated Roni Al-Dor, President & CEO of Sapiens. "I thank our shareholders, customers, partners, and employees for their steadfast loyalty and support." About Sapiens Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the fi Show less Read more
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