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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 advanced 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 ITRN 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 17.5% in the past year from $24.87 to $29.22 as of Monday’s market close.

In the past 10 years, the company’s share price has rarely been less than $11.55 nor more than $38.50.

If shares trade in the range of $24.50 to $36.00 this next year, the recent $29.22 share price might grow to $34.00. Of course, ITRN's share price could also drop about the same $4.78 estimated amount or more.

My $4.78 price upside estimate is $2.10 under the median of one-year target prices projected by two analysts tracking ITRN for brokers.

ITRN Dividend

Ituran Location and Control Ltd has paid dividends since April 2004. The company’s most recent Q dividend of $0.39 was declared November 21st for shareholders of record December 23rd and the payout is to be made January 8th.

The estimated annual dividend of $1.56 yields 5.34% as of Monday’s closing price.

ITRN Returns

Putting it all together, a $6.34 estimated annual gross gain per share shows up by adding Iteran’s annual $1.56 dividend to the estimated price upside of $4.78, totaling that $6.34 gross gain.

A little under $1000 buys 34 shares at Monday’s $29.22 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.295 per share out of the $6.34 gross gain to give us a net gain of $6.045 X 34 shares = $204.53 for about a 20.5% estimated net gain for the year.

Furthermore, the $53.40 annual estimated dividend from $1k invested is over 1.8 times more than the $29.22 single share price. By these numbers, ITRN could be an ideal dividend dog.

Therefore, you might choose to pounce on Ituran Location and Control Ltd. It is a 30-year-old Quarterly dividend paying Israeli location technology provider with a 20-year dividend record.

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

Remember the best measure of stock value is through direct ownership of shares.

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