Ituran declares $1.50 Q4 2025 cash dividend
Ituran Location and Control Ltd. reported that its Board approved a cash dividend of $1.50 per share, totaling about $30 million, for the fourth quarter of 2025.
Rhea-AI Filing Summary
Ituran Location and Control Ltd. reported that its Board approved a cash dividend of $1.50 per share, totaling about $30 million, for the fourth quarter of 2025. Shareholders of record on March 30, 2026 will receive payment on April 16, 2026.
The dividend will be paid net of 20% tax because it is classified as “Preferred Income” and/or “Preferred Technological Income” under Israeli law and a specific tax ruling. Retained earnings were $244.4 million as of December 31, 2025 and will be $214.4 million after the distribution.
The Board noted that as of December 31, 2025, Ituran held $107.6 million in cash, had previously declared a separate dividend of about $10 million for the third quarter of 2025, and had no outstanding bank credit. Current assets excluding cash were $130.1 million and current liabilities were $104.1 million. The Board concluded the new dividend will not impair the company’s ability to continue its business or meet obligations.
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Insights
Ituran announces a sizable Q4 cash dividend while highlighting a strong balance sheet.
The Board approved a cash dividend of $1.50 per share, around $30 million, for Q4 2025. That is meaningful relative to the disclosed cash balance of $107.6 million as of December 31, 2025, but still leaves substantial liquidity.
Retained earnings will decrease from $244.4 million to $214.4 million, and the company reports no outstanding bank credit plus current assets of $130.1 million against current liabilities of $104.1 million. The Board explicitly determined that this distribution does not undermine Ituran’s ability to operate or fund future plans.
The dividend is subject to a 20% withholding tax rate due to its classification as “Preferred Income” and/or “Preferred Technological Income” under Israeli law and a tax ruling. Future dividend capacity and balance-sheet strength can be further assessed when subsequent financial statements for periods after December 31, 2025 are available.
FAQ
What dividend did Ituran (ITRN) declare for the fourth quarter of 2025?
When is the record date and payment date for Ituran’s Q4 2025 dividend?
What tax withholding rate applies to Ituran’s Q4 2025 dividend?
How will Ituran’s retained earnings change after paying the Q4 2025 dividend?
What does Ituran’s cash and debt position look like before this dividend?
Did Ituran’s Board assess the impact of the dividend on its ongoing operations?
What are Ituran’s current assets and liabilities relative to this dividend distribution?
AI-generated analysis. How Rhea-AI works. Not financial advice.
