Sapiens (SPNS) Declares $0.20 Quarterly Dividend; 6.9% Yield
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Sapiens Announces Cash Dividend of $0.20 per Share
March 31, 2016 8:01 AM EDTHOLON, Israel, March 31, 2016 /PRNewswire/ --
Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry with a growing presence in the financial services sector, announced today that its Board of Directors has approved the distribution of a cash dividend of $0.20 per share. The dividend, which amounts to approximately $10 million in the aggregate, will be distributed on Wednesday, June 1, 2016 to Sapiens' shareholders of record as of May 19, 2016.
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