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 Wednesday, August 5th. Investors of record on Friday, September 4th will be paid a dividend of 0.045 per share by the business services provider on Friday, September 25th. This represents a c) dividend on an annualized basis 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% meaning 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 Price Performance

III stock opened at $5.00 on Friday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.63. The firm has a market cap of $239.20 million, a price-to-earnings ratio of 21.74, a PEG ratio of 0.92 and a beta of 1.10. The company’s fifty day simple moving average is $4.15 and its 200 day simple moving average is $4.37. Information Services Group has a 12-month low of $3.74 and a 12-month high of $6.45.

Information Services Group (NASDAQ:III) last issued its quarterly earnings results on Wednesday, August 5th. The business services provider reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. The firm had revenue of $65.49 million during the quarter, compared to the consensus estimate of $62.86 million. Information Services Group had a return on equity of 13.64% and a net margin of 4.67%. On average, analysts expect that Information Services Group will post 0.27 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in Information Services Group by 250.1% in the second quarter. Tower Research Capital LLC TRC now owns 10,047 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 7,177 shares during the period. American Century Companies Inc. acquired a new position in shares of Information Services Group during the second quarter worth approximately $53,000. Abel Hall LLC acquired a new position in shares of Information Services Group during the first quarter worth approximately $54,000. BNP Paribas Financial Markets lifted its holdings in shares of Information Services Group by 65.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,427 shares of the business services provider’s stock worth $54,000 after purchasing an additional 3,739 shares in the last quarter. Finally, Baron Wealth Management LLC bought a new position in shares of Information Services Group in the 2nd quarter worth $60,000. 73.10% of the stock is owned by institutional investors and hedge funds.

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.