Information Services Group, Inc. (III) to Issue Quarterly Dividend of $0.05 on March 26th

Information Services Group, Inc. (NASDAQ:III) declared a quarterly dividend on Thursday, March 5th. Stockholders of record on Friday, March 20th will be paid a dividend of 0.045 per share by the business services provider on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, March 20th.

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. Analysts expect Information Services Group to earn $0.16 per share next year, which means the company may not be able to cover its $0.18 annual dividend with an expected future payout ratio of 112.5%.

Information Services Group Stock Performance

NASDAQ:III opened at $4.53 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.22 and a current ratio of 2.22. The stock has a market capitalization of $216.90 million, a P/E ratio of 25.17, a PEG ratio of 0.96 and a beta of 1.07. The company has a 50 day moving average price of $5.34 and a 200 day moving average price of $5.44. Information Services Group has a fifty-two week low of $3.12 and a fifty-two week high of $6.45.

Information Services Group (NASDAQ:III) last announced its earnings results on Thursday, March 5th. The business services provider reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. Information Services Group had a return on equity of 11.50% and a net margin of 3.82%.The company had revenue of $61.21 million for the quarter, compared to analyst estimates of $61.11 million. Equities research analysts forecast that Information Services Group will post 0.09 EPS for the current 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.