IHS Markit: Rewarding Shareholders With A New Dividend

About: IHS Markit Ltd. (INFO)
by: BOOX Research
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BOOX Research
Contrarian, long/short equity

IHS Markit is entering a new stage of steady growth with a more mature operating and financial profile.

Company announced a dividend initiation starting in Q1 2020, targeting an initial yield on the stock of 1%.

Growth has benefited from strong environment in financial services while risks going forward include global cyclical trends.

IHS Markit Ltd. (NASDAQ:INFO), with a market cap of $27 billion, is a major player in data and analytics services for a variety of industries including transportation, resources, and financial markets. The company