Image Source: Pixabay

Ituran Location and Control Ltd (ITRN) is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products.

The Telematics services segment consists of regionally-based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal locater services and concierge services.

The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification.

Its geographical segments include Israel, Brazil, and Others.

The company was incorporated in 1994 and is headquartered in Azor, Israel.

Three key data points gauge Ituran  or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

ITRN Price

Ituran’s share price rose about 36.27% in the past year from $25.84 to $34.85 as of Monday’s market close.

In the past 3 years, the company’s share price has ranged from $20.41 to $34.85 (Its all-time high go $38.50 was reached on February 26, 2019.)

If the company repeats its one-year average annual performance, its price might grow by $2.15 next year to $37.00.

ITRN Dividend

Ituran Location and Control has paid variable quarterly dividends since October 10, 2018.

The company’s most recent Q dividend of $0.39 was declared on November 21st for shareholders of record prior to December 23rd, and the payout was made on January 8th.

A forward-looking annual dividend of $1.56 yields 4.48% per Tuesday’s closing price.

ITRN Returns

Putting it all together, a $3.71 estimated gross gain per share shows up by adding EEAEF’s annual $1.56 dividend to the estimated $2.15 annual price gain, totaling that $3.71 gross amount.

A little over $1000 buys 29 shares at Tuesday’s $34.85 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.345 per share out of the $3.71 gross gain to give us a net $3.365 amount per share to multiply by 29, to equal $97.59 for about a 9.7% estimated net gain on the year.

Furthermore, the $44.80 annual dividend income from $1k invested in Ituran is almost $10 greater than the single-share price. By these numbers, Ituran Location and Control Ltd may be an ideal dividend dog.

Therefore, you may choose to pounce on ITRN as a 31-year-old quarterly dividend-paying location and control company with a 7-year dividend record.

The exact track of Itruan future price and dividend will entirely be determined by market action and company finances.   

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

Related Articles:
Top Picks 2025: Ituran Location And Control
Free Stock Report - Ituran Location And Control
Updated Stock Report: Ituran Location And Control

More By This Author:
Current Report: Elematec
Current Report: Atea (ATEAY)
Current Report: Sinclair (SBGI)