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Innovative Solutions and Support, Inc. (ISSC) Ex-Dividend Date Scheduled for December 28, 2012

Posted
12/26/2012 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:ADP;INFY;ISSC

Innovative Solutions and Support, Inc. ( ISSC ) has announced an ex-dividend date of December 28, 2012 and a cash dividend payment of $1.5 per share scheduled for December 27, 2012. Shareholders who purchased ISSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior year. At the current stock price of $4.94, the dividend yield is 121.51%.

The previous trading day's last sale of ISSC was $4.94, representing a -8.72% decrease from the 52 week high of $5.41 and a 63.51% increase over the 52 week low of $3.02.

ISSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). ISSC's current earnings per share, an indicator of a company's profitability, is $.19. Zacks Investment Research reports ISSC's forecasted earnings growth in 2013 as 216.67%, compared to an industry average of 5.3%.

For more information on the declaration, record and payment dates, visit the ISSC Dividend History page.