Ituran Location and Control Ltd. said its board approved a cash dividend of $0.50 per share, or about $10 million in total, for shareholders of record on Sept. 29, 2026. The dividend is scheduled to be paid on Oct. 14, 2026, net of a 20% tax withholding rate, which the company said is lower than the standard rate because the distribution will be made from "Preferred Income" and/or "Preferred Technological Income" under Israeli tax rules and an Israel Tax Authority ruling. The company said the board reviewed the distribution criteria under Israeli law and concluded the payment would not impair Ituran's ability to continue operating, pursue future plans, or meet its obligations. As of June 30, 2026, Ituran reported retained earnings of $238.7 million before the distribution and $228.7 million after it, cash on hand of $103.7 million before a separate roughly $10 million first-quarter 2026 dividend paid in July 2026, no outstanding bank credit, current assets excluding cash and cash equivalents of $144.5 million, and current liabilities of $122.4 million.