ITRN - Dividend announcements

AZOUR, Israel, May 26, 2026 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$10 million. The dividend will be paid to shareholders of record as of June 24, 2026. The Company will pay the dividend out on July 8, 2026, net of taxes at the rate of 20% (a lower rate than standard) as the dividend is distributed from "Preferred Income" and/or "Preferred Technological Income," as defined under the Encouragement of Capital Investment Law and the provisions of a tax ruling (the "Ruling") received from the Israel Tax Authority (the "ITA") with re

AZOUR, Israel, March 5, 2026 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $1.50 per share, totaling approximately US$ 30 million. The dividend will be paid to shareholders of record as of March 30, 2026. The Company will pay the dividend out on April 16, 2026, net of taxes at the rate of 20% (a lower rate than standard) as the dividend is distributed from "Preferred Income" and/or "Preferred Technological Income", as defined under the Encouragement of Capital Investment Law and the provisions of a tax ruling (the "Ruling") received from the Israel Tax Authority (the "ITA") wi

AZOUR, Israel, Nov. 18, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of December 29, 2025. The Company will pay the dividend out on January 15, 2026, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's ab

AZOUR, Israel, Aug. 19, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of September 25, 2025. The Company will pay the dividend out on October 10, 2025, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's a

AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of June 18, 2025. The Company will pay the dividend out on July 2, 2025, net of taxes at the rate of 25%.   In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's ability t

Dividend declared in accordance with the Company's updated dividend policy which increases the quarterly dividend amount by 25% to at least $10 million per quarter AZOUR, Israel, Feb. 26, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of March 20, 2025. The Company will pay the dividend out on April 3, 2025, net of taxes at the rate of 25%.   In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meet

AZOUR, Israel, Nov. 21, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.39 per share, totaling approximately US $8 million. The dividend will be paid to shareholders of record as of December 23, 2024. The Company will pay the dividend out on January 8, 2025, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's abil

AZOUR, Israel, Aug. 19, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.39 per share, totaling approximately US $8 million. The dividend will be paid to shareholders of record as of September 26, 2024. The Company will pay the dividend out on October 9, 2024 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's abili

AZOUR, Israel, May 28, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.39 per share, totaling approximately US$ 8 million. The dividend will be paid to shareholders of record as of June 18, 2024. The Company will pay the dividend out on July 2, 2024 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to kee

AZOUR, Israel, Feb. 29, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.39 per share, totaling approximately US$ 8 million. The dividend will be paid to shareholders of record as of March 20, 2024. The Company will pay the dividend out on April 3, 2024 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to

AZOUR, Israel, Nov. 27, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.24 per share, totaling approximately US$5 million. The dividend will be paid to shareholders of record as of December 20, 2023. The Company will pay the dividend out on January 4, 2024 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability

AZOUR, Israel, Aug. 15, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.15 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of September 27, 2023. The Company will pay the dividend out on October 11, 2023 net of taxes at the rate of 25%.   In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above mentioned distribution will not undermine the Company's abi

AZOUR, Israel, May 24, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.15 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of June 28, 2023. The Company will pay the dividend out on July 12, 2023 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to keep

AZOUR, Israel, Feb. 28, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of March 21, 2023. The Company will pay the dividend out on April 4, 2023 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to ke

AZOUR, Israel, Nov. 21, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of December 21, 2022. The Company will pay the dividend out on January 4, 2023 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above mentioned distribution will not undermine the Company's ability

AZOUR, Israel, Aug. 29, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of September 29, 2022. The Company will pay the dividend out on October 13, 2022 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's abilit

AZOUR, Israel, May 24, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of June 29, 2022. The Company will pay the dividend out on July 14, 2022 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to keep

AZOUR, Israel, March 7, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of March 23, 2022. The Company will pay the dividend out on April 6, 2022 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to ke

AZOUR, Israel, Nov. 16, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of December 22, 2021. The Company will pay the dividend out on January 5, 2022 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability

AZOUR, Israel, Aug. 23, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of September 30, 2021. The Company will pay the dividend out on October 13, 2021 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's abilit

AZOUR, Israel, May 25, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of June 29, 2021. The Company will pay the dividend out on July 14, 2021 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to keep

AZOUR, Israel, May 25, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), today announced its consolidated financial results for the first quarter of 2021. Highlights of the first quarter of 2021 Continued growth as the Company continues to successfully overcome and exits the impacts of the Covid-19 pandemic; Net increase in aftermarket subscribers of 25,000; net decrease in OEM subscribers of 5,000; Revenue of $67.4 million at around the same level as in the first quarter of last year and up 6% sequentially; Net income of $8.3 million, up 30% year-over-year and adjusted EBITDA of $17.1 million, up 12% year-over-year; Generated $9.2 million in quarterly operating cash flow;

AZOUR, Israel, March 3, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.48 per share, totaling approximately US$10 million. The dividend will be paid to shareholders of record as of March 23, 2021. The Company will pay the dividend out on April 6, 2021 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the abovementioned distribution will not undermine the Company's ability to

AZOUR, Israel, March 3, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2020. Highlights of full year 2020 Number of subscribers reached 1,768,000 at year-end; Revenue of $245.6 million; Adjusted EBITDA of $60.8 million; Generated $60.1 million in full year operating cash flow; Year-end net cash and marketable securities of $24.3 million; Highlights of the fourth quarter of 2020 Improved results versus the prior quarter, as the Company continues to successfully overcome some of the impacts of the Covid-19 pandemic; Net increase in aftermarket subscribers of 21,000 and net