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Ituran Location and Control (Ituran Location and Control) Dividend Yield %

: 3.69% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Ituran Location and Control is 3.69%.

Good Sign:

Ituran Location and Control Ltd stock dividend yield is close to 2-year high.

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

ITRN' s Dividend Yield % Range Over the Past 10 Years
Min: 1.02   Med: 3.13   Max: 7.33
Current: 3.69

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

ITRN's Dividend Yield % is ranked better than
69.77% of 1353 companies
in the Hardware industry
Industry Median: 2.43 vs ITRN: 3.69

Ituran Location and Control's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.40.

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.

As of today (2024-04-18), the Forward Dividend Yield % of Ituran Location and Control is 3.69%.

Ituran Location and Control's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Ituran Location and Control's Dividend Yield % 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 Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.78 2.52 3.37 2.64 2.50

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 Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 2.56 2.44 1.94 2.50

Competitive Comparison

For the Communication Equipment subindustry, Ituran Location and Control's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution

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

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



Ituran Location and Control Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ituran Location and Control Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3902024-03-192024-03-202024-04-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.2402023-12-192023-12-202024-01-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-09-262023-09-272023-10-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-06-272023-06-282023-07-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ituran Location and Control's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.93/24.99
=3.72 %

Current Share Price is $24.99.
Ituran Location and Control's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.93.

Ituran Location and Control's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.56/24.99
=6.24 %

Current Share Price is $24.99.
Ituran Location and Control's Dividends per Share for the forward twelve months is calculated as $0.39 * 4 = $1.56.

* 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.


Ituran Location and Control  (NAS:ITRN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ituran Location and Control Dividend Yield % Related Terms

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

Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
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.