Sapiens (SPNS) Declares $0.20 Quarterly Dividend; 5.9% Yield

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Sapiens Announces Cash Dividend of $0.20 Per Share and $9.8 Million in Total

October 18, 2017 4:37 AM EDT

HOLON, Israel, October 18, 2017 /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 payment of a cash dividend of $0.20 per share. The dividend, which amounts to approximately $9.8 million in the aggregate, will be paid on Thursday, December 14, 2017 to Sapiens' shareholders of record as of December 4, 2017.

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