
ITURAN Announces $10 Million Dividend for Q3 2025
•By ADMIN
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AZOUR, Israel – November 18, 2025 – Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced that its Board of Directors has approved a cash dividend of US $0.50 per share, amounting to approximately US $10 million for the third quarter of 2025.
The dividend is payable to shareholders of record as of December 29, 2025, with payment scheduled for January 15, 2026, subject to tax withholding at the rate of 25%.
In approving the distribution, the Board concluded that the dividend complies with Israeli law’s distribution criteria and will not impair the Company’s ongoing business operations or future plans.
As of September 30, 2025 (before this dividend), the Company had retained earnings of US $239.0 million and a cash balance of US $93.1 million. After accounting for the payout, retained earnings are projected to be US $229.0 million. Also as of that date, non‑cash current assets stood at US $137.1 million and current liabilities at US $102.4 million, with no outstanding bank credit.
Ituran is a leading provider of mobility technology and value‑added location‑based services, including stolen vehicle recovery, fleet management and mobile asset location. The company serves over 2.5 million subscribers across more than 20 countries and is the largest OEM telematics provider in Latin America.
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