Ituran declares $0.50 Q1 2026 dividend

Ituran Location and Control Ltd. reported that its board approved a first-quarter 2026 cash dividend of $0.50 per share, totaling about $10 million.

Rhea-AI Filing Summary

Ituran Location and Control Ltd. reported that its board approved a first-quarter 2026 cash dividend of $0.50 per share, totaling about $10 million. Shareholders of record on June 24, 2026 will receive payment on July 8, 2026, with 20% tax withholding under a favorable Israeli tax ruling.

The board reviewed Israeli law distribution tests and concluded the dividend will not harm ongoing operations or future plans. Retained earnings were $231.3 million as of March 31, 2026 and are expected to be $221.3 million after the payout. At that date, Ituran held $108.0 million in cash, had no bank credit, current assets (excluding cash) of $141.0 million, and current liabilities of $131.3 million.

Key Figures

Q1 2026 dividend per share: $0.50 per share Total Q1 2026 dividend: approximately $10 million Retained earnings before dividend: $231.3 million +5 more

8 metrics

Q1 2026 dividend per share $0.50 per share Board-approved cash dividend for Q1 2026

Total Q1 2026 dividend approximately $10 million Aggregate dividend distribution

Retained earnings before dividend $231.3 million As of March 31, 2026, prior to distribution

Retained earnings after dividend $221.3 million Expected after $10 million distribution

Cash balance $108.0 million As of March 31, 2026, before paying earlier $30M dividend

Current assets (excl. cash) $141.0 million As of March 31, 2026

Current liabilities $131.3 million As of March 31, 2026

Prior dividend declared approximately $30 million Fourth quarter 2025 dividend paid in April 2026

Key Terms

Preferred Income, Preferred Technological Income, Encouragement of Capital Investment Law, retained earnings, +2 more

6 terms

Preferred Income financial

"the dividend is distributed from "Preferred Income" and/or "Preferred Technological Income""

Preferred Technological Income financial

"distributed from "Preferred Income" and/or "Preferred Technological Income", as defined under the Encouragement of Capital Investment Law"

Encouragement of Capital Investment Law regulatory

"as defined under the Encouragement of Capital Investment Law and the provisions of a tax ruling"

retained earnings financial

"Retained earnings as of March 31, 2026, prior to the distribution were US$ 231.3 million"

Retained earnings are the cumulative portion of a company's profits that management keeps instead of distributing to shareholders as dividends; they appear on the balance sheet as part of owners’ value. For investors, retained earnings matter because they act like a company’s savings account—funding growth, paying down debt, or supporting future dividends—and their size and changes reveal how profitable the business has been and how management chooses to use those profits.

current assets financial

"the Company’s current assets (excluding cash and cash equivalents) were in the sum of US$141.0 million"

current liabilities financial

"current liabilities were in the sum of US$ 131.3 million"

Obligations a company must pay within the next 12 months, such as bills, short‑term loans, supplier invoices, and accrued expenses; they represent the near-term cash demands on the business. For investors, the size and timing of these obligations matter because they show whether a company has enough cash or easily convertible assets to cover upcoming payments—like checking if you have enough money in your wallet to pay the month’s bills—and they help assess short‑term financial health and liquidity risk.

FAQ

What dividend did Ituran (ITRN) declare for Q1 2026?

Ituran declared a cash dividend of $0.50 per share for the first quarter of 2026, totaling about $10 million. This payout follows board approval and is funded from the company’s retained earnings and cash resources.

What are the record and payment dates for Ituran (ITRN) Q1 2026 dividend?

The Q1 2026 dividend goes to shareholders of record on June 24, 2026, with payment scheduled for July 8, 2026. Investors must hold shares on the record date to receive the cash distribution.

How will Ituran (ITRN) dividend be taxed for shareholders?

The dividend will be paid net of 20% withholding tax, which is lower than the standard rate. This reduced rate applies because the dividend is distributed from “Preferred Income” and/or “Preferred Technological Income” under Israeli tax law and a specific tax ruling.

What is Ituran (ITRN) retained earnings position around the Q1 2026 dividend?

Retained earnings were $231.3 million as of March 31, 2026, before the dividend. After distributing approximately $10 million, retained earnings are expected to be about $221.3 million, indicating the company maintains a substantial profit buffer.

What liquidity does Ituran (ITRN) report in connection with the dividend?

As of March 31, 2026, Ituran reported $108.0 million in cash on hand, excluding the later payment of a previously declared $30 million dividend. It also had current assets of $141.0 million and current liabilities of $131.3 million, with no bank credit.

How did Ituran’s board evaluate the impact of the Q1 2026 dividend?

The board examined Israeli legal distribution criteria and concluded the dividend will not undermine Ituran’s ability to continue its current business or future plans. They determined the company can still meet its obligations as they come due after the payout.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 07:30 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

________________________

FORM 6-K

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

May 26, 2026

Commission File Number: 001-32618

Ituran Location and Control Ltd.

(Exact name of Registrant as specified in its Charter) 

________________________

3 Hashikma Street, Azour 58001, Israel

(Address of Registrant’s principal executive offices) 

________________________

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

Yes ☐  No ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

Yes ☐ No ☒

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ______

99.1 On May 26, 2026, Ituran Location and Control Ltd. issued a press release announcing the dividend record date. A copy of this press release is annexed hereto as Exhibit 99.1.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	ITURAN LOCATION & CONTROL LTD. (Registrant)
	By:	/s/ Eyal Sheratzky
	Name:	Eyal Sheratzky
	Title:	Co-Chief Executive Officer

Date: May 26, 2026

EXHIBIT INDEX

Exhibit	Item
99.1	Press Release, dated May 26, 2026, announcing the dividend record date.

Exhibit 99.1

 

ITURAN LOCATION AND CONTROL LTD

Announces Dividend Distribution of $10 Million for the First Quarter of 2026

Azour, Israel, May 26, 2026 – Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$10 million. The dividend will be paid to shareholders of record as of June 24, 2026. The Company will pay the dividend out on July 8, 2026, net of taxes at the rate of 20% (a lower rate than standard) as the dividend is distributed from "Preferred Income" and/or "Preferred Technological Income", as defined under the Encouragement of Capital Investment Law and the provisions of a tax ruling (the “Ruling”) received from the Israel Tax Authority (the “ITA”) with respect to the tax withholding rate upon dividend distribution.

In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company’s ability to keep performing in its current course of business or future plans, and is able to meet its undertakings when due.

Retained earnings as of March 31, 2026, prior to the distribution were US$ 231.3 million and retained earnings will reach US$ 221.3 million after the distribution. The Board of Directors emphasized that as of March 31, 2026, the Company had a cash balance in hand of US$ 108.0 million (this amount is prior to the payment of a dividend of approximately US$30 million which was declared for the fourth quarter 2025 and was paid out in April 2026). The Company had no outstanding credit from banking institutions. As of March 31, 2026, the Company’s current assets (excluding cash and cash equivalents) were in the sum of US$141.0 million and current liabilities were in the sum of US$ 131.3 million.

About Ituran

Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.

Ituran's subscriber base has been growing significantly since the Company's inception to over 2.6 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,900 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.

For more information, please visit Ituran’s website, at: www.ituran.com

Company Contact Udi Mizrahi udi_m@ituran.com Deputy CEO &VP Finance, Ituran (Israel) +972 3 557 1348   International Investor Relations Ehud Helft ituran@ekgir.com EK Global Investor Relations (US) +1 212 378 8040  

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT_99-1 7.7 KB