Ituran (NASDAQ: ITRN) approves $1.50 per share Q4 2025 dividend

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.

Insights

Equity income and dividends analyst

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.

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

March 5, 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 March 5, 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: March 5, 2026

EXHIBIT INDEX

Exhibit	Item
99.1	Press Release, dated March 5, 2026, announcing the dividend record date.

Exhibit 99.1

ITURAN LOCATION AND CONTROL LTD

Announces Dividend Distribution of $30 Million for the Fourth

Quarter of 2025

Azour, Israel, March 5, 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 $1.50 per share, totaling approximately US$ 30 million. The dividend will be paid to shareholders of record as of March 30, 2026. The Company will pay the dividend out on April 16, 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 December 31, 2025, prior to the distribution were US$ 244.4 million and retained earnings will reach US$ 214.4 million after the distribution. The Board of Directors emphasized that as of December 31, 2025, the Company had a cash balance in hand of US$ 107.6 million (this amount is prior to the payment of a dividend of approximately US$ 10 million which was declared for the third quarter 2025 and was paid out in January 2026). The Company had no outstanding credit from banking institutions. As of December 31, 2025, the Company’s current assets (excluding cash and cash equivalents) were in the sum of US$ 130.1 million and current liabilities were in the sum of US$ 104.1 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 2,800 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		International Investor Relations
Udi Mizrahi udi_m@ituran.com Deputy CEO &VP Finance, Ituran  (Israel) +972 3 557 1348		Ehud Helft ituran@ekgir.com EK Global Investor Relations (US) +1 212 378 8040

FAQ

What dividend did Ituran (ITRN) declare for the fourth quarter of 2025?

Ituran declared a cash dividend of $1.50 per share, totaling approximately $30 million, for the fourth quarter of 2025. The payment reflects a substantial return of capital while the company emphasizes that its liquidity and business plans remain intact after the distribution.

When is the record date and payment date for Ituran’s Q4 2025 dividend?

Shareholders of Ituran recorded as of March 30, 2026, will be entitled to the Q4 2025 dividend. The company plans to pay the dividend on April 16, 2026, providing investors with a clear timeline for eligibility and cash receipt from this declared distribution.

What tax withholding rate applies to Ituran’s Q4 2025 dividend?

The dividend is subject to a 20% withholding tax rate, lower than the standard rate. It qualifies as “Preferred Income” and/or “Preferred Technological Income” under Israel’s Encouragement of Capital Investment Law and follows a specific tax ruling from the Israel Tax Authority governing the distribution.

How will Ituran’s retained earnings change after paying the Q4 2025 dividend?

Retained earnings were $244.4 million as of December 31, 2025, before the new dividend. After distributing the approximately $30 million cash dividend, retained earnings will decrease to $214.4 million, reflecting the capital returned to shareholders while maintaining a significant earnings reserve balance.

What does Ituran’s cash and debt position look like before this dividend?

As of December 31, 2025, Ituran reported a cash balance of $107.6 million and no outstanding credit from banking institutions. This figure is before paying an earlier dividend of about $10 million for Q3 2025, underscoring that the company entered the Q4 dividend decision with notable liquidity.

Did Ituran’s Board assess the impact of the dividend on its ongoing operations?

Yes. The Board reviewed Israeli law distribution tests and concluded the Q4 2025 dividend will not undermine Ituran’s ability to continue operating, pursue its current course of business or future plans, or meet its obligations as they come due after the cash distribution.

What are Ituran’s current assets and liabilities relative to this dividend distribution?

At December 31, 2025, current assets excluding cash were $130.1 million, while current liabilities were $104.1 million. These figures, alongside cash holdings and no bank credit, were cited by the Board in determining that the roughly $30 million dividend remains consistent with financial stability.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 7.8 KB