Information Services Group, Inc. Declares Quarterly Dividend of $0.04 (NASDAQ:III)

Information Services Group, Inc. (NASDAQ:III) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, September 4th will be given a dividend of 0.045 per share by the business services provider on Friday, September 25th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 4th.

Information Services Group has a payout ratio of 100.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Information Services Group to earn $0.35 per share next year, which means the company should continue to be able to cover its $0.18 annual dividend with an expected future payout ratio of 51.4%.

Information Services Group Stock Performance

NASDAQ:III traded up $0.59 during mid-day trading on Thursday, hitting $4.85. 424,707 shares of the company traded hands, compared to its average volume of 264,568. The stock’s fifty day moving average price is $4.14 and its 200-day moving average price is $4.37. The firm has a market cap of $231.98 million, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 0.95 and a beta of 1.10. Information Services Group has a one year low of $3.74 and a one year high of $6.45. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.63.

Information Services Group (NASDAQ:III) last released its earnings results on Wednesday, August 5th. The business services provider reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. The company had revenue of $65.49 million for the quarter, compared to analysts’ expectations of $62.86 million. Information Services Group had a net margin of 4.29% and a return on equity of 12.92%. Research analysts anticipate that Information Services Group will post 0.27 earnings per share for the current fiscal year.

About Information Services Group

Information Services Group, Inc (ISG) is a leading global technology research and advisory firm specializing in digital transformation, sourcing strategies and technology-driven business operations. Headquartered in Stamford, Connecticut, the company leverages deep market insights and data analytics to help clients optimize cost structures, accelerate growth and navigate complex technology landscapes. Since its founding in 2006, ISG has cultivated expertise across industries including financial services, healthcare, manufacturing and the public sector.

ISG’s core offerings include sourcing advisory, managed governance, market intelligence and research services.