ILG Inc. (NASDAQ:ILG) announced a quarterly dividend on Friday, August 4th, Wall Street Journal reports. Stockholders of record on Tuesday, September 5th will be given a dividend of 0.15 per share by the business services provider on Monday, September 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Thursday, August 31st.

ILG (NASDAQ ILG) traded down 2.98% during midday trading on Friday, hitting $26.06. 1,709,896 shares of the stock were exchanged. The company has a 50 day moving average price of $27.35 and a 200 day moving average price of $23.13. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 10.80 and a beta of 1.47. ILG has a one year low of $15.94 and a one year high of $28.99.

ILG (NASDAQ:ILG) last released its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. ILG had a net margin of 17.63% and a return on equity of 11.66%. The business had revenue of $450 million for the quarter, compared to analyst estimates of $432.86 million. The business’s revenue was up 51.5% compared to the same quarter last year. Equities analysts anticipate that ILG will post $1.15 EPS for the current year.

Several research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of ILG from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Imperial Capital lifted their price objective on shares of ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 30th. CIBC lifted their price objective on shares of ILG from $22.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, April 24th. Finally, Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $26.00 price objective (up previously from $22.00) on shares of ILG in a research note on Friday, April 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. ILG presently has an average rating of “Buy” and an average target price of $27.00.

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ILG Company Profile

ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.

Dividend History for ILG (NASDAQ:ILG)

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