Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company's Telematics services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Telematics Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. The company was incorporated in 1994 and is headquartered in Azor, Israel.
Ituran Location and Control Dividend Announcement
• Ituran Location and Control announced a quarterly dividend of $0.39 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-09-26
• Ituran Location and Control annual dividend for 2024 was $1.17
• Ituran Location and Control annual dividend for 2023 was $0.68
• Ituran Location and Control's trailing twelve-month (TTM) dividend yield is 5.31%
• Ituran Location and Control's payout ratio for the trailing twelve months (TTM) is 35.62%
• Ituran Location and Control's dividend growth over the last five years (2018-2023) was -6.47% year
• Ituran Location and Control's dividend growth over the last ten years (2013-2023) was -1.73% year
Ituran Location and Control Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | $0.39 | quarterly | 2024-10-09 |
2024-06-18 | $0.39 | quarterly | 2024-07-02 |
2024-03-19 | $0.39 | quarterly | 2024-04-03 |
2023-12-19 | $0.24 | quarterly | 2024-01-04 |
2023-09-26 | $0.15 | quarterly | 2023-10-11 |
2023-06-27 | $0.15 | quarterly | 2023-07-12 |
2023-03-20 | $0.14 | quarterly | 2023-04-04 |
2022-12-20 | $0.14 | quarterly | 2023-01-04 |
2022-09-28 | $0.14 | quarterly | 2022-10-13 |
2022-06-28 | $0.14 | quarterly | 2022-07-14 |
2022-03-22 | $0.14 | quarterly | 2022-04-06 |
2021-12-21 | $0.14 | quarterly | 2022-01-05 |
2021-09-29 | $0.14 | quarterly | 2021-10-13 |
2021-06-28 | $0.14 | quarterly | 2021-07-14 |
2021-03-22 | $0.48 | quarterly | 2021-04-06 |
2020-03-23 | $0.24 | quarterly | 2020-04-07 |
2019-12-23 | $0.24 | quarterly | 2020-01-09 |
2019-09-25 | $0.24 | quarterly | 2019-10-10 |
2019-06-19 | $0.24 | quarterly | 2019-07-03 |
2018-12-24 | $0.23 | quarterly | 2019-01-09 |
2018-09-25 | $0.24 | quarterly | 2018-10-10 |
2018-06-25 | $0.24 | quarterly | 2018-07-11 |
2018-03-26 | $0.24 | quarterly | 2018-04-11 |
2017-12-26 | $0.24 | quarterly | 2018-01-10 |
2017-06-23 | $0.24 | quarterly | 2017-07-11 |
2017-03-20 | $0.40 | quarterly | 2017-04-05 |
2016-12-23 | $0.20 | quarterly | 2017-01-10 |
2016-09-19 | $0.18 | quarterly | 2016-10-06 |
2016-06-20 | $0.17 | quarterly | 2016-07-06 |
2016-03-21 | $0.31 | quarterly | 2016-04-06 |
2015-12-21 | $0.15 | quarterly | 2016-01-06 |
2015-09-22 | $0.14 | quarterly | 2015-10-07 |
2015-06-15 | $0.16 | quarterly | 2015-07-02 |
2015-03-20 | $0.33 | quarterly | 2015-04-08 |
2014-12-19 | $0.22 | quarterly | 2015-01-07 |
2014-09-18 | $0.19 | quarterly | 2014-10-07 |
2014-06-16 | $0.19 | quarterly | 2014-07-03 |
2014-03-24 | $0.38 | quarterly | 2014-04-10 |
2013-12-19 | $0.17 | quarterly | 2014-01-08 |
2013-09-13 | $0.17 | quarterly | 2013-10-03 |
2013-06-24 | $0.14 | quarterly | 2013-07-11 |
2013-03-19 | $0.33 | quarterly | 2013-04-04 |
Ituran Location and Control Dividend per year
Ituran Location and Control Dividend growth
Ituran Location and Control Dividend Yield
Ituran Location and Control current trailing twelve-month (TTM) dividend yield is 5.31%. Interested in purchasing Ituran Location and Control stock? Use our calculator to estimate your expected dividend yield:
Ituran Location and Control Financial Ratios
Ituran Location and Control Dividend FAQ
Other factors to consider when evaluating Ituran Location and Control as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ituran Location and Control's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ituran Location and Control publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ituran Location and Control distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ituran Location and Control are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ituran Location and Control sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ituran Location and Control distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ituran Location and Control declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ituran Location and Control's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ituran Location and Control's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.