Information Services dividend – Information Services Corp Declares 0.23 Cash Dividend
March 19, 2023
Dividends Yield
On March 16th 2023, Information Services ($TSX:ISV) Corp announced a 0.23 cash dividend, making it an attractive option for those looking to invest in dividend stocks. Their average dividend yield is 3.99%, and they have been issuing dividends annually over the past 3 years with dividend per shares of 0.92 CAD in 2020, 0.83 CAD in 2021, and 0.8 CAD in 2022, resulting in corresponding dividend yields of 3.89%, 3.18%, and 4.91%. As such, the ex-dividend date for the next dividend payment is March 30th 2023. This is a great opportunity for those looking to get exposure to dividend stocks and benefit from their attractive yields.
Share Price
The stock opened the day at CA$22.0 and closed at CA$21.9, a 0.2% increase from its prior closing price of CA$21.8. This news was welcomed by stockholders as the dividend payout offers them a return on their investment in the company. Furthermore, the board of directors of ISC remain committed to delivering shareholder value through regular dividend payments, and will continue to assess the company’s dividend policy as business conditions evolve. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Information Services. More…
| Total Revenues | Net Income | Net Margin |
| 189.9 | 30.77 | 16.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Information Services. More…
| Operations | Investing | Financing |
| 43.54 | -55.62 | 6.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Information Services. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 283.45 | 127.87 | 8.79 |
Key Ratios Snapshot
Some of the financial key ratios for Information Services are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.6% | 18.7% | 24.6% |
| FCF Margin | ROE | ROA |
| 22.2% | 18.8% | 10.3% |
Analysis
At GoodWhale, we have conducted an analysis of INFORMATION SERVICES‘s financials, and based on our Star Chart, INFORMATION SERVICES has a very high health score of 9/10 with regard to its cash flows and debt, making it a safe bet that it can ride out any crisis without the risk of bankruptcy. Moreover, we have classified INFORMATION SERVICES as a ‘gorilla’ type of company, one that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This is the type of company that would be attractive to investors looking for both dividend and growth, as well as high profitability. Additionally, it has a medium score in terms of its assets, making it a reliable investment option as well. More…
Peers
The company’s solutions include data center and cloud services, application development and maintenance, and managed IT services. ISCO competes with Volt Information Sciences Inc, Pasco Corp, and PT Astra Graphia Tbk.
– Volt Information Sciences Inc ($TSE:9232)
Pasco Corporation is a publicly traded company with a market capitalization of $18.38 billion as of 2022. The company has a return on equity of 13.09%. Pasco Corporation is engaged in the business of providing engineering, construction, and maintenance services to the energy, power, and process industries. The company was founded in 1968 and is headquartered in Houston, Texas.
– Pasco Corp ($IDX:ASGR)
Astra Graphia Tbk is an Indonesian company that provides information technology products and services. The company has a market cap of 1.19T as of 2022 and a return on equity of 5.18%. Astra Graphia Tbk is a leading provider of IT products and services in Indonesia and has a strong presence in the Southeast Asian market. The company offers a wide range of IT solutions, including cloud computing, enterprise resource planning, and data center services. Astra Graphia Tbk is committed to providing innovative and integrated IT solutions that enable its customers to improve their businesses.
Summary
Information Services is an attractive option for investors looking to begin investing in dividend stocks. Over the last 3 years, the company has issued an average dividend yield of 3.99%, with dividend per share ranging from 0.92CAD in 2020 to 0.8CAD in 2022. Additionally, the corresponding dividend yields from 2020 to 2022 have been 3.89%, 3.18% and 4.91% respectively, indicating an overall upward trend in terms of total dividend yield. For investors looking for reliable income, Information Services should be considered as a viable option.
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