Investment Technology Group(NYSE:ITG) Declares Dividend of $0.0700.

Investment Technology Group (NYSE:ITG) had declared a cash dividend of $0.0700 on Nov 17, 2016. The shares will quote ex-dividend on Nov 25, 2016 and the record date has been fixed for Nov 29, 2016. On Nov 17, 2016 share price, the yield comes out to be 1.4530%. The dividend payable date has been fixed on Dec 13, 2016.

Investment Technology Group (ITG) made into the market gainers list on Mondays trading session with the shares advancing 0.83% or 0.16 points. Due to strong positive momentum, the stock ended at $19.43, which is also near the day’s high of $19.7525. The stock began the session at $19.33 and the volume stood at 2,28,262 shares. The 52-week high of the shares is $22.92 and the 52 week low is $14.95. The company has a current market capitalization of $633 M and it has 3,25,66,650 shares in outstanding.

Investment Technology Group(ITG) last announced its earnings results on Nov 9, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $104.19M. Analysts had an estimated revenue of $107.75M. Earnings per share were $-0.08. The reported EPS was above estimates by $0.03 or 27.27%. Analysts had estimated an EPS of $-0.11.

Several Insider Transactions has been reported to the SEC. On Feb 10, 2016, William S. Geyer (Managing Director) purchased 900 shares at $16.77 per share price.Also, On Nov 18, 2015, Michael Marrale (Managing Director) sold 10,684 shares at $19.96 per share price.On Nov 12, 2015, Maureen Ohara (director) purchased 300 shares at $19.81 per share price, according to the Form-4 filing with the securities and exchange commission.

Investment Technology Group Inc. (ITG) is an independent execution and research broker that partners with global portfolio managers and traders. The Company’s subsidiaries include ITG Inc. AlterNet Securities Inc. (AlterNet) ITG Derivatives LLC (ITG Derivatives) ITG Canada Corp. (ITG Canada) Investment Technology Group Limited (ITG Europe) ITG Australia Limited (ITG Australia) ITG Hong Kong Limited (ITG Hong Kong) ITG Software Solutions Inc. ITG Solutions Network Inc. ITG Investment Research Inc. (ITG Investment Research) and ITG Platforms Inc. Its four operating segments include United States Operations Canadian Operations European Operations and Asia Pacific Operations. These segments offer a range of solutions for asset managers and broker-dealers in the areas of electronic brokerage; research sales and trading; platforms and analytics.

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