Ituran Location and Control Ltd. Announces Quarterly Dividend of $0.38 (ITRN)
Ituran Location and Control (NASDAQ:ITRN) announced a quarterly dividend on Wednesday, February 19th, American Banking and Market News reports. Investors of record on Wednesday, March 26th will be paid a dividend of 0.38 per share on Thursday, April 10th. This represents a $1.52 annualized dividend and a dividend yield of 6.90%.
Shares of Ituran Location and Control (NASDAQ:ITRN) opened at 22.03 on Wednesday. Ituran Location and Control has a 1-year low of $14.77 and a 1-year high of $22.96. The stock has a 50-day moving average of $22.14 and a 200-day moving average of $19.72. The company has a market cap of $461.9 million and a P/E ratio of 19.17.
Ituran Location and Control (NASDAQ:ITRN) last announced its earnings results on Friday, February 28th. The company reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $43.60 million for the quarter, compared to the consensus estimate of $38.20 million.
Ituran Location and Control Ltd. (NASDAQ:ITRN) is mainly engaged in the area of location-based services, consisting of stolen vehicle recovery (SVR) and tracking services.
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