Ituran Location and Control (Ituran Location and Control) Dividend Payout Ratio : 0.40 (As of Dec. 2023)

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Ituran Location and Control's dividend payout ratio for the months ended in Dec. 2023 was 0.40.

The historical rank and industry rank for Ituran Location and Control's Dividend Payout Ratio or its related term are showing as below:

ITRN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.52 Max: 0.73
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of Ituran Location and Control was 0.73. The lowest was 0.22. And the median was 0.52.

ITRN's Dividend Payout Ratio is ranked better than
70.91% of 1186 companies
in the Hardware industry
Industry Median: 0.45 vs ITRN: 0.28

As of today (2024-04-24), the Dividend Yield % of Ituran Location and Control is 3.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ituran Location and Control was 7.33%. The lowest was 1.02%. And the median was 3.13%.

Ituran Location and Control's Dividends per Share for the months ended in Dec. 2023 was $0.24.

During the past 12 months, Ituran Location and Control's average Dividends Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ituran Location and Control was 117.10% per year. The lowest was -40.20% per year. And the median was 2.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Ituran Location and Control Dividend Payout Ratio Historical Data

The historical data trend for Ituran Location and Control's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ituran Location and Control Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.73

0.22

0.51

0.28

0.27

Ituran Location and Control Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	0.25	0.25	0.24	0.40

Competitive Comparison

For the Communication Equipment subindustry, Ituran Location and Control's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ituran Location and Control Dividend Payout Ratio Distribution

For the Hardware industry and Technology sector, Ituran Location and Control's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Dividend Payout Ratio falls into.

Ituran Location and Control Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ituran Location and Control's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.68	/	2.479
	=	0.27

Ituran Location and Control's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.24	/	0.6
	=	0.40

Ituran Location and Control (NAS:ITRN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Ituran Location and Control Dividend Payout Ratio Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ituran Location and Control Ltd (NAS:ITRN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hashikma Street, Azour, ISR, 5800182

Website

https://www.ituran.com

Ituran Location and Control Ltd 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.