Ituran Location & Control: Dividend Insights
Portfolio Pulse from Benzinga Insights
Ituran Location & Control (NASDAQ:ITRN) has announced a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 15 cents lower. Shareholders who own ITRN as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 11, 2023.
September 21, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ituran Location & Control's announcement of a 15 cents per share dividend may cause the stock to open lower on Tuesday. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically opens lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. Investors who own the stock prior to the ex-dividend date are eligible for the dividend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100