Information ServicesISC.TOHOLDJan 16, 2026Stock price when the opinion was issued
As of Jun 02, 2026. Market Open.
Located in Saskatchewan with a monopoly for land and property registration for the next 17 years. Trading at about 9.5X EBITDA. There is no debt. Bought a small company about 18 months ago, that provides services for law firms that are involved in real estate transactions in Ontario and Québec. Good management. He expects modest dividend increases over time. Dividend yield of about 4.5%. (Analysts’ price target is $19.67.)
His question is who's going to buy it? Not sure the list is that long. Likes the business overall, highly sticky, a monopoly. Dividend yield is sustainable and here to stay. Doesn't see high organic growth. You can hold for the dividend.