Dividend Flows Change: Can ILG, Inc (NASDAQ:ILG) truly back claims of $0.12 dividends by Dec 20, 2016?

Dividend Flows Change: Can ILG, Inc (NASDAQ:ILG) truly back claims of $0.12 dividends by Dec 20, 2016?

ILG, Inc (NASDAQ:ILG) is expected to pay $0.12 on Dec 20, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Dec 2, 2016 will be eligible to receive the payout. Based on ILG, Inc’s current price of $18.07, the dividend is 0.66%. This dividend’s record date is Dec 6, 2016 and the announcement date is Nov 9, 2016. The stock decreased 0.39% or $0.07 during the last trading session, hitting $18.07. ILG Inc (NASDAQ:ILG) has risen 32.28% since April 28, 2016 and is uptrending. It has outperformed by 26.36% the S&P500.

ILG, Inc., formerly Interval Leisure Group, Inc., is a well-known provider of professionally delivered vacation experiences. The company has a market cap of $2.42 billion. The Firm is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. It has a 6.95 P/E ratio. The Firm operates through two divisions: Exchange and Rental, and Vacation Ownership.

ILG Company Profile

ILG, Inc., formerly Interval Leisure Group, Inc., incorporated on May 9, 2008, is a well-known provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Firm operates through two divisions: Exchange and Rental, and Vacation Ownership. The Company’s Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties. The Company’s Vacation Ownership segment engages in the management of vacation ownership resorts; sales, marketing, and financing of vacation ownership interests, and related services to owners and associations. The Firm is a global licensee for the Hyatt, Sheraton and Westin brands in vacation ownership.

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