Information Services Group, Inc. (III) to Distribute Quarterly Dividend of $0.04 on September 25th

Information Services Group, Inc. (NASDAQ:III) declared a quarterly dividend on Tuesday, August 4th. Investors 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 3.6%. The ex-dividend date is Friday, September 4th.

Information Services Group has a dividend 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 $0.36 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 50.0%.

Information Services Group Stock Performance

Shares of III opened at $5.06 on Wednesday. The company has a market capitalization of $244.97 million, a price-to-earnings ratio of 22.00, a price-to-earnings-growth ratio of 1.13 and a beta of 1.10. Information Services Group has a 52-week low of $3.74 and a 52-week high of $6.45. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $4.45 and a 200 day moving average price of $4.31.

Information Services Group (NASDAQ:III) last issued its quarterly earnings data on Wednesday, August 5th. The business services provider reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.05. Information Services Group had a return on equity of 13.59% and a net margin of 4.67%.The company had revenue of $65.49 million during the quarter, compared to analysts’ expectations of $62.86 million. Research analysts predict that Information Services Group will post 0.28 EPS for the current fiscal year.

Information Services Group Company Profile

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.