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

Information Services Co. (TSE:ISV - Get Free Report) declared a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.23 per share on Wednesday, January 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Tuesday, December 31st.

Information Services Price Performance

TSE:ISV traded down C$0.84 on Thursday, reaching C$28.00. 7,248 shares of the company's stock traded hands, compared to its average volume of 5,355. The company has a quick ratio of 1.69, a current ratio of 0.74 and a debt-to-equity ratio of 99.98. The stock has a 50-day simple moving average of C$28.50 and a 200-day simple moving average of C$26.95. The firm has a market cap of C$507.64 million, a PE ratio of 24.96, a P/E/G ratio of 1.19 and a beta of 0.59. Information Services has a 12 month low of C$19.72 and a 12 month high of C$30.00.

Information Services (TSE:ISV - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.60 EPS for the quarter. The business had revenue of C$60.93 million for the quarter, compared to analysts' expectations of C$63.40 million. Information Services had a return on equity of 12.37% and a net margin of 8.75%. Equities research analysts forecast that Information Services will post 2.2194553 earnings per share for the current year.

Analysts Set New Price Targets

ISV has been the topic of a number of recent analyst reports. Royal Bank of Canada raised their price target on Information Services from C$27.00 to C$30.00 in a report on Friday, August 9th. CIBC lifted their target price on Information Services from C$34.00 to C$35.00 in a report on Thursday.

Information Services Company Profile

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.