Information Services Group, Inc. (NASDAQ:III) Announces $0.05 Quarterly Dividend

Information Services Group, Inc. (NASDAQ:III) announced a quarterly dividend on Monday, November 3rd. Investors of record on Friday, December 5th will be given a dividend of 0.045 per share by the business services provider on Friday, December 19th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, December 5th.

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. Equities 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 Price Performance

III stock opened at $6.07 on Tuesday. The company’s 50-day moving average price is $5.47 and its two-hundred day moving average price is $4.89. The firm has a market cap of $292.54 million, a P/E ratio of 40.47, a P/E/G ratio of 1.50 and a beta of 1.32. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.63. Information Services Group has a 12 month low of $2.95 and a 12 month high of $6.43.

About Information Services Group

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.