Sapiens Int'l (SPNS) Declares $0.15 Quarterly Dividend; 7.2% Yield

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Sapiens Announces $7.2 Million Cash Dividend

April 21, 2015 3:56 AM EDT

HOLON, Israel, April 21, 2015 /PRNewswire/ --

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that its Board of Directors has approved the distribution of a cash dividend of $0.15  per share. The dividend, which is approximately $7.2 million in the aggregate, will be distributed on Monday, June 1, 2015 to its shareholders of record as of Thursday, May 21, 2015. The payment of the dividend is subject to... More