Magic Software Enterprises Ltd.'s board of directors declared a semi-annual cash dividend in an amount of 32.7 cents per share and in an aggregate amount of approximately $16.1 million, reflecting approximately 75% of its distributable profits for the first half of 2023. The dividend is payable on September 13, 2023, to all of the Company?s shareholders of record at the close of trading on the NASDAQ Global Select Market on August 30, 2023.