Ituran Location and Control Ltd. (ITRN) said that the Board of Directors has approved an increase in the dividend policy, providing for an annual dividend distribution in an amount not less than 50% of the Company's net income whereby the annual dividend policy has historically been to issue approximately 25% of annual net income, calculated based on the financial statements for the period ending on December 31 of the fiscal year with respect to which the relevant dividend is paid.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.