DIVIDEND ANNOUNCEMENT: Ord/Magic Software Enterprises Ltd (NASDAQ:MGIC) on 05/26/2020 declared a dividend of $0.0800 per share

Ord/Magic Software Enterprises Ltd (NASDAQ:MGIC) on 05/26/2020 declared a dividend of $ 0.0800 per share payable on June 25, 2020 to shareholders of record as of June 09, 2020. Dividend amount recorded is a decrease of $ 0.076 from last dividend Paid.

Ord/Magic Software Enterprises Ltd (NASDAQ:MGIC) has paid dividends since 2003, has a current dividend yield of 2.3645319939% and has increased its dividends for 3 successive years.

Ord/Magic Software Enterprises Ltd's market cap is $ 496,741,000 and has a PE ratio of 0.00. The stock price closed yesterday at $ 10.15 and has a 52 week low/high of $ 6.31 and $ 11.53.

Magic Software Enterprises provides: proprietary application development and business process integration platforms; selected packaged vertical software solutions; as well as a vendor of software services and IT outsourcing software services. Co. has two segments: software solutions (which include proprietary and non-proprietary software technology, maintenance and support and complementary services) and IT professional services. Co.'s vertical software packages include: Clicks™, Leap™, Hermes Solution, HR Pulse, and MBS Solution. Co.'s software services offerings include services in the areas of infrastructure design and delivery, application development, and implementation services.

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