By Colin Kellaher
Ituran Location & Control's board has raised the company's quarterly dividend by 28%, to 50 cents from 39 cents.
The new payout, equal to $2 a year, represents an annual yield of about 4.98%, based on Tuesday's closing price of $40.17, up from 3.88%.
The Azour, Israel, provider of stolen vehicle recovery and tracking services on Wednesday said the increased dividend is payable April 3 to shareholders of record March 10.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 26, 2025 07:57 ET (12:57 GMT)
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