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Information Services Co. (TSE:ISV) to Issue Quarterly Dividend of $0.23

Information Services Co. (TSE:ISV - Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Sunday, June 30th will be paid a dividend of 0.23 per share on Monday, July 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, June 28th.

Information Services Trading Down 0.5 %

ISV traded down C$0.13 during trading on Thursday, reaching C$25.62. 1,600 shares of the company's stock were exchanged, compared to its average volume of 5,353. The company's fifty day moving average price is C$26.21 and its 200-day moving average price is C$23.54. The company has a debt-to-equity ratio of 110.89, a quick ratio of 1.69 and a current ratio of 0.76. Information Services has a fifty-two week low of C$19.22 and a fifty-two week high of C$28.65. The firm has a market capitalization of C$461.16 million, a PE ratio of 18.43, a P/E/G ratio of 1.19 and a beta of 0.61.

Information Services (TSE:ISV - Get Free Report) last released its earnings results on Tuesday, March 12th. The company reported C$0.54 EPS for the quarter. Information Services had a net margin of 11.68% and a return on equity of 15.44%. The firm had revenue of C$57.49 million during the quarter, compared to analyst estimates of C$54.00 million. As a group, equities analysts forecast that Information Services will post 1.750167 EPS for the current year.


Insider Transactions at Information Services

In other news, Senior Officer Katherine Hillman-Weir sold 12,311 shares of Information Services stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of C$27.44, for a total transaction of C$337,813.84. Insiders own 30.05% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on ISV. Raymond James lifted their target price on shares of Information Services from C$27.00 to C$34.00 and gave the stock an "outperform" rating in a report on Thursday, March 14th. Royal Bank of Canada lifted their price target on shares of Information Services from C$24.00 to C$27.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 14th. Finally, CIBC lifted their price target on shares of Information Services from C$31.00 to C$32.00 in a research report on Thursday, March 14th.

Check Out Our Latest Research Report on ISV

About Information Services

(Get Free Report)

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

Further Reading

Dividend History for Information Services (TSE:ISV)

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