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Ituran Location and Control (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 Inc 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

Share price rose about 6.6% in the past year from $26.42 to $31.48, as of Wednesday’s market close.

In the past 3 years the company’s share price has ranged from $24.00 to $33.09. It’s all-time high of $38.50 was reached in February 2019.

If shares trade in the range of $27 to $37 this next year, the recent 31.48 share price might grow to $36.50 Of course, ITRN shares could also drop about the same $5.02 estimated amount, or more.

My $5.02 price upside estimate is $0.35 below the median of one year piece targets estimates from two analysts tracking ITRN for brokers.
 

ITRN Dividend

Ituran has paid variable dividends since April 2004, switching the Quarterly frequency in 2012. The company’s most recent Q dividend of $0.39 was declared November 21st for shareholders of record prior to December 23rd and the  A forward looking annual dividend of $1.56 yields 4.96% per Wednesday’s closing price.
 

ITRN Returns

Putting it all together, a $6.58 estimated annual gross gain per share shows up by adding ITRN’s annual $1.56 dividend to the analyst-estimated $5.02 annual price gain, totals that $6.58 gross gain.

A little over $1000 buys 32 shares at Wednesday’s $31.48 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.31 per share out of the $6.58 gross-gain to give us a net gain of $5.27 X 32 shares = $200.64 for about a 20% estimated net gain on the year.

Furthermore, the $49.60 annual estimated dividend income from $1k invested in ITRN is over 1.5 times greater than the $31.48 single-share price. By these numbers, ITRN could be an ideal technology dividend dog.

Therefore, you may want to pounce on Itran Location and Control It is a

31 year-old variable quarterly dividend paying GPS tracking company with a 21 year dividend record.

The exact track of Ituran Locaton and Control Ltd future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track dividend payments is through direct ownership of company shares

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