ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million Declared for the Fourth Quarter of 2024
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Ituran Location and Control Ltd. (NASDAQ: ITRN) has announced a dividend distribution of $10 million for Q4 2024, reflecting a 25% increase in their quarterly dividend policy.
February 26, 2025 | 12:45 pm
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Ituran Location and Control Ltd. has declared a $10 million dividend for Q4 2024, increasing their quarterly dividend by 25%. This reflects a strong financial position and commitment to returning value to shareholders.
The announcement of a 25% increase in the quarterly dividend to $10 million indicates a strong financial performance and a commitment to shareholder returns. This is likely to positively impact the stock price in the short term as it signals confidence in the company's future earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100