Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Information Services Corporation (ISC) is a publicly traded Canadian company that provides registry and information management services supporting property ownership, business registration, and personal property security. The company operates primarily in the information services, government registry, and data management industries. ISC’s core role is to manage, operate, and maintain statutory registries on behalf of governments while also delivering technology-driven registry solutions to commercial customers.
ISC’s primary revenue drivers include long-term registry service contracts, transaction-based registry fees, and technology-enabled services for governments and regulated entities. Its key customers are provincial and international governments, financial institutions, legal professionals, and businesses requiring secure registry infrastructure. ISC is uniquely positioned due to its monopoly-style, long-duration government contracts, high regulatory barriers to entry, and mission-critical systems with recurring revenue characteristics. The company was originally established as a Saskatchewan Crown corporation and was privatized in 2013 through an initial public offering, while the Province of Saskatchewan remains a significant shareholder.
Business Operations
ISC operates through multiple business segments focused on registry operations and technology services. Its core business includes the operation of land titles, personal property, and corporate registries under long-term agreements, primarily in Saskatchewan, where it manages the land titles and personal property registry systems. These registries generate stable, transaction-based revenue supported by legislation and contractual protections.
In addition to domestic registry operations, ISC provides technology solutions, software platforms, and advisory services to external customers through subsidiaries focused on registry modernization and digital transformation. The company owns and operates proprietary registry platforms and data infrastructure and delivers services both directly and through its subsidiaries. ISC has expanded internationally through contracts and acquisitions, allowing it to export registry expertise to governments and regulated industries outside Canada.
Strategic Position & Investments
ISC’s strategic direction emphasizes stable cash flow from core registry operations combined with selective growth through technology services and acquisitions. The company has pursued investments that extend its registry expertise into adjacent markets, including digital identity, data analytics, and registry-as-a-service platforms. Growth initiatives focus on international registry contracts, modernization of existing systems, and leveraging intellectual property developed for government registries.
ISC has completed several acquisitions to support this strategy, including Teranet Inc., which operates electronic land registration systems in Ontario, and ESC Corporate Services Ltd., a provider of corporate registry and compliance services across Canada. These investments expand ISC’s geographic reach, diversify revenue sources, and deepen its exposure to private-sector and government customers requiring secure, regulated data systems.
Geographic Footprint
ISC is headquartered in Regina, Saskatchewan, and its core operations are concentrated in Canada, with a strong presence in Saskatchewan and Ontario. Through subsidiaries and contracts, the company provides services across multiple Canadian provinces, supporting both provincial governments and private-sector clients.
Internationally, ISC has expanded its footprint through registry-related technology and advisory engagements in Australia, Europe, Asia, Africa, and Latin America. While international operations represent a smaller portion of total revenue compared to Canada, they are a key component of ISC’s long-term growth strategy and demonstrate the portability of its registry platforms and expertise.
Leadership & Governance
ISC is led by an experienced executive team with deep backgrounds in registry operations, technology, and regulated services. The company operates under a governance structure typical of Canadian public companies, with an independent board of directors and ongoing oversight influenced by its significant government shareholder.
Key executives include:
- Jeff Stusek – President and Chief Executive Officer
- Alison Bobowski – Chief Financial Officer
- Dean Smiley – Chief Operating Officer
- Robert L. Hughes – Chief Information Officer
- Jill Kelliher – General Counsel and Corporate Secretary
Leadership emphasizes operational reliability, regulatory compliance, and long-term value creation through stable contracts and disciplined capital allocation, reflecting ISC’s role as a trusted steward of critical public data infrastructure.