ITG (ITG) Declares $0.07 Quarterly Dividend; Approves 4M Share Buyback

ITG (NYSE: ITG) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on March 15, 2018, to stockholders of record on February 27, 2018, with an ex-dividend date of February 26, 2018.

The annual yield on the dividend is 1.4 percent.

The Board of Directors also authorized the repurchase of an additional 4 million shares, bringing the total number of shares currently available for repurchase to 4.4 million shares. As previously noted, ITG intends to continue share repurchases in an amount sufficient to offset all the dilution from share issuances on the vesting of employee stock awards during 2018. The timing and number of shares repurchased will be dependent on a variety of factors, including market and business conditions and competing needs for the use of capital.

For a dividend history and other dividend-related data on ITG (ITG) click here.

You May Also Be Interested In

• ITG (ITG) Tops Q2 EPS by 1c
• Farmers & Merchants Bancorp (FMCB) Raises Quarterly Dividend 4.7% to $5.60; 1.6% Yield
• RLI Corp. (RLI) Declares $0.18 Annual Dividend; 0.3% Yield