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Technology Stocks : Formula Systems : FORTY
FORTY 170.52+2.1%10:20 AM EST

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From: JakeStraw5/13/2010 8:45:46 AM
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A High-Tech Stock With a High Yield
streetauthority.com

Formula Systems Ltd. (Nasdaq: FORTY) is a prime example. The Israel-based global information technology (IT) company has been resilient through the soft global economy because it offers software and technology that lower costs and make businesses more efficient.

The best part about Formula's stock is the fat dividend. The company pays dividends once a year, but it makes it count. The 2010 dividend, paid May 4th, was $1.47, which translates to about 12.5% at current prices.
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