DV
Dividend Vision

FORTY Stock — Formula Systems 1985 Ltd ADR

Formula Systems 1985 Ltd ADR (FORTY)

Updated October 14, 2026.

Verdict as of October 16, 2026

FORTY's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (60/100, medium confidence). It pays semi-annual and its distribution rate is 2.84%. The latest total cash payment per current share, $1.63 with an ex-date of September 22, 2026, was 87.5% lower than the previous $13.04. These payments are unclassified; this does not establish a base-dividend change.

Sources: Section 19a-1 notices, scoring methodology.

FORTY is a Stock. its distribution rate is 2.84%, its trailing-12-month yield is 13.24%. Dividend Vision Distribution Safety Score™ is 60/100 (Generally safe). Total return is 1027.5% over the past 29 years, 196.1 points behind SPY at 1223.6%.

Formula Systems (1985) Ltd., an Israeli information technology company, provides software consulting, IT solutions, professional services, and proprietary software across healthcare, logistics, human resources, and financial sectors, along with cloud infrastructure, digital advertising platforms, and communications infrastructure installation. The company currently distributes on a semi-annual basis at a modest distribution rate, with the latest payout being special and not necessarily recurring. This security may appeal to investors seeking income from international technology businesses, though the semi-annual schedule and special distribution nature should be understood before investing.

FORTY dividend yield and income

Price as of 2026-10-14.

The distribution rate (2.84%) uses calculation basis unavailable. Trailing-12-month yield (13.24%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $1.63. The ex-dividend date is 09/22/2026. The payment date is 10/06/2026.

Recorded distribution timeline (34)
Ex-dateAmountChange from previous payment
2026-09-22$1.63-87.5%
Unclassified cash
2026-05-22$13.045N/A
2025-12-30$0.502-0.6%
Unclassified cash
2025-10-14$0.5049813.5%
Unclassified cash
2025-07-07$0.445-52.7%
Unclassified cash
2025-04-30$0.94150.8%
Unclassified cash
2024-09-12$0.624-2.2%
Unclassified cash
2024-04-03$0.6382.7%
Unclassified cash
2023-06-02$0.621-1.4%
Unclassified cash
2022-12-02$0.63-20.4%
Unclassified cash
2022-04-11$0.7911.3%
Unclassified cash
2021-08-31$0.78117.6%
Unclassified cash
2021-02-17$0.66427.4%
Unclassified cash
2020-09-02$0.52113.5%
Unclassified cash
2019-12-23$0.459-11.7%
Unclassified cash
2019-09-11$0.5252.9%
Unclassified cash
2018-12-28$0.340.0%
Unclassified cash
2018-06-07$0.340.0%
Unclassified cash
2017-10-16$0.34-29.2%
Unclassified cash
2016-12-28$0.4841.2%
Unclassified cash
2016-07-11$0.340.0%
Unclassified cash
2016-01-15$0.340.0%
Unclassified cash
2015-07-16$0.34-36.4%
Unclassified cash
2015-01-14$0.53511.5%
Unclassified cash
2014-07-10$0.4854.8%
Unclassified cash
2014-01-15$0.31-16.2%
Unclassified cash
2013-06-28$0.37-47.9%
Unclassified cash
2011-05-26$0.71-51.7%
Unclassified cash
2010-04-01$1.47-35.2%
Unclassified cash
2009-01-08$2.27203.1%
Unclassified cash
2008-04-07$0.749-47.7%
Unclassified cash
2006-12-18$1.432-64.4%
Unclassified cash
2005-05-16$4.02558.2%
Unclassified cash
2001-08-28$0.6108—
2001 total$0.6108—
2005 total$4.02558.2%
2006 total$1.432-64.4%
2008 total$0.749-47.7%
2009 total$2.27203.1%
2010 total$1.47-35.2%
2011 total$0.71-51.7%
2013 total$0.37-47.9%
2014 total$0.79113.5%
2015 total$0.87510.8%
2016 total$1.1632.6%
2017 total$0.34-70.7%
2018 total$0.68100.0%
2019 total$0.97944.0%
2020 total$0.521-46.8%
2021 total$1.445177.4%
2022 total$1.421-1.7%
2023 total$0.621-56.3%
2024 total$1.262103.2%
2025 total$2.3929889.6%
2026 YTD total$14.675958.8% vs prior-year YTD

FORTY dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +1031.5%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -20.49%.

TTM income vs TTM N years earlier
WindowChange
1Y+1031.5%
3Y1153.6%
5Y985.3%
10Y2206.2%

FORTY performance versus SPY

Price and return data through 2026-10-14.

Total return is 1027.5% over the past 29 years, 196.1 points behind SPY at 1223.6%. Over the past year its total return — price change plus distributions reinvested — is -14.1%. Its deepest 1-year drawdown was 42.0%.

WindowTotal returnCAGR
1M-6.3%—
3M4.6%—
6M0.6%—
YTD-23.3%—
1Y-14.1%—
2Y CAGR—32.30%
3Y CAGR—28.10%
5Y CAGR—5.10%
10Y CAGR—14.20%
Since inception (29 years)1027.5%8.70%

FORTY key facts

Distribution Safety Score™
60 · Generally safe
Safety-Adjusted Yield
1.70%
Asset type
Stock
Asset class
Equity
Inception date
10/20/1997
Distribution rate
2.84%
Distribution frequency
Semi-Annual
Trailing yield
13.24%
5-year average yield
1.37
Last close
$114.59 (stale; as of 2026-10-14)
Market cap
$1,757,239,362
Average volume
591.0
Dividend
$1.63
Ex-dividend date
09/22/2026
Payment date
10/06/2026
Beta
0.184
Payout ratio
39.1%
P/E ratio
24.28
Forward P/E
9.2336
EPS
$4.72

How Dividend Vision calculates yield and returns

Distribution rate (2.84%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (13.24%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FORTY risks and drawbacks

FORTY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 42.0%.

Who may consider FORTY — and who may not

FORTY may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FORTY pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FORTY

Tagged: Technology, Dividend.

Frequently asked questions

Does FORTY pay monthly?

No. FORTY currently pays semi-annual, not monthly.

What is FORTY's dividend yield?

FORTY's distribution rate is 2.84%, paid semi-annual — calculation basis unavailable.

How has FORTY's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +1031.5%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does FORTY pay a dividend?

FORTY pays semi-annual. The dividend amount is $1.63. The ex-dividend date is 09/22/2026. The payment date is 10/06/2026.

How has FORTY performed?

Total return is 1027.5% over the past 29 years, 196.1 points behind SPY at 1223.6%. Over the past year its total return — price change plus distributions reinvested — is -14.1%. Its deepest 1-year drawdown was 42.0%.

Is FORTY a good investment?

FORTY's Dividend Vision Distribution Safety Score is 60 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 2.84% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.