Magic Software Enterprises Ltd. board of directors declared a semi-annual cash dividend in an amount of 20.4 cents per share and in an aggregate amount of approximately $10.0 million, reflecting approximately 70% of its distributable profits for the second half of 2023. The dividend is payable on July 13, 2024, to all of the Company?s shareholders of record at the close of trading on the NASDAQ Global Select Market on June 27, 2024.