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International Game Technology PLC (IGT) is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels.

The company's operating segments include Global Lottery, Global Gaming, and PlayDigital. It generates maximum revenue from the Global Lottery segment.

The global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts.

Geographically, it derives a majority of its revenue from the United States.

The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015.

The company was incorporated in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC is a subsidiary of De Agostini S.p.A

Three key data points gauge IGT or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys also best tell whether any company has made, is making, and will make money.

IGT Price

Over the past year, IGT's share price fell about 28% from $31.22 to $20.02 as of Monday’s market close.

If IGT shares trade in the range of $4.00 to $34.00 this next year, its recent $20.02 share price might rise to $25.00 by next year. Of course, the IGT price could also drop about the same $4.98 estimated amount or more.

My 4.98 upside estimate is $1.33 under the median of 1-year target estimates from 6 analysts tracking IGT for brokers.

IGT Dividend

International Game Technology PLC has paid Quarterly dividends since September 2015.

IGT’s most recent Q dividend of $0.20 was declared May 14th  for shareholders of record May 30th and the dividend was paid June 13th.

A forward-looking $0.80 annual dividend yields 4.00% at Monday’s closing share price.

IGT Returns

To put it all together, add the IGT projected annual dividend of $0.80 to the estimated price upside of $4.98 to get a $5.78 estimated gross gain per share for the coming year.

At Monday’s $20.02 share price, a little over $1000 would buy 50 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, could cost us about $0.20 per share.

Subtracting that likely $0.20 brokerage cost from the $5.78 estimated gross gain reveals a net gain of $5.58 X 50 shares = $279.00 for about a 27.9% estimated net gain on the year.

Furthermore, the $40.00 annual dividend income from $1K invested is almost 2 times greater than the $20.02 single share price. By these numbers, IGT is an ideal dividend dog.

You might choose to pounce on International Game Technology PLC. It is a 10-year-old dividend-paying London-based lottery gaming company that has a 9-year track record paying quarterly $0.20 dividends.

The exact track of IGT's future price and dividend will entirely be determined by market action.

Remember the true value of any stock is best realized through personal ownership of shares.

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