Sapiens (NASDAQ: SPNS) declared an cash dividend of $0.14 per share, or $0.14 annualized.

The dividend will be payable on June 10, 2020, to stockholders of record on May 27, 2020, with an ex-dividend date of May 26, 2020.

The annual yield on the dividend is 0.6 percent.

"Furthermore, Sapiens remains committed to returning value to shareholders," concluded Al-Dor. "Despite the condition in the market, we announce a dividend of $0.14 per share – approximately $7 million – reflecting our continued confidence in our business and Sapiens' ability to generate cash."

For a dividend history and other dividend-related data on Sapiens (SPNS) click here.