International Game Technology PLC (IGT) Declares $0.20 Quarterly Dividend

International Game Technology PLC (NYSE:IGT) announced a quarterly dividend on Monday, May 20th, RTT News reports. Investors of record on Monday, June 3rd will be given a dividend of 0.20 per share on Monday, June 17th. This represents a $0.80 annualized dividend and a yield of 5.78%. The ex-dividend date is Friday, May 31st.

International Game Technology stock opened at $13.83 on Tuesday. The company has a market capitalization of $2.88 billion, a P/E ratio of 14.11, a PEG ratio of 1.16 and a beta of 1.36. International Game Technology has a 12-month low of $12.65 and a 12-month high of $30.65. The company has a quick ratio of 1.00, a current ratio of 1.14 and a debt-to-equity ratio of 2.90.

International Game Technology (NYSE:IGT) last announced its quarterly earnings data on Monday, May 20th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.11). International Game Technology had a negative net margin of 0.44% and a positive return on equity of 7.64%. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period last year, the business earned $0.15 earnings per share. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. Analysts forecast that International Game Technology will post 1.21 EPS for the current year.

A number of equities research analysts have issued reports on IGT shares. ValuEngine lowered shares of International Game Technology from a “sell” rating to a “strong sell” rating in a report on Thursday, March 7th. Credit Suisse Group reaffirmed a “neutral” rating on shares of International Game Technology in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. International Game Technology currently has a consensus rating of “Buy” and an average price target of $23.64.

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International Game Technology Company Profile

International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy.

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Dividend History for International Game Technology (NYSE:IGT)

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