Ituran Location and Control Ltd. (NASDAQ:ITRN) Declares Quarterly Dividend of $0.50

Posted by Scott Moore on May 26th, 2026

Ituran Location and Control Ltd. (NASDAQ:ITRN – Get Free Report) announced a quarterly dividend on Tuesday, May 26th. Shareholders of record on Wednesday, June 24th will be given a dividend of 0.50 per share by the industrial products company on Wednesday, July 8th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Wednesday, June 24th.

Ituran Location and Control has raised its dividend payment by an average of 0.5%per year over the last three years and has raised its dividend every year for the last 4 years. Ituran Location and Control has a payout ratio of 184.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Ituran Location and Control Stock Up 2.1%

ITRN traded up $1.28 during midday trading on Tuesday, hitting $61.39. 318,378 shares of the company were exchanged, compared to its average volume of 115,286. The firm’s 50 day moving average price is $54.68 and its 200-day moving average price is $47.56. The firm has a market capitalization of $1.22 billion, a P/E ratio of 21.10 and a beta of 0.73. Ituran Location and Control has a 1-year low of $32.71 and a 1-year high of $62.82.

Ituran Location and Control (NASDAQ:ITRN – Get Free Report) last released its earnings results on Tuesday, May 26th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.05. Ituran Location and Control had a net margin of 16.15% and a return on equity of 27.27%. The business had revenue of $102.67 million for the quarter, compared to analyst estimates of $95.32 million.

About Ituran Location and Control

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Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.