Ituran Location and Control Ltd. ITRN
NASDAQ · United States · Communications
$51.22+0.21 (+0.41%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Not every dividend survives a rough macro quarter, but some payouts are structured to keep growing no matter what the economy does. Five Nasdaq stocks built on contracted fees, recurring subscriptions, and regulated rates are making a case for income investors heading into year end.
Ituran Location and Control Ltd. (Nasdaq: ITRN), a global leader in vehicle telematics and OEM connectivity solutions, today announced that it has been awarded a contract to provide entities of the Israeli Ministry of Transport (MOT) with a Software-as-a-Service (SaaS) solution for monitoring live traffic behavior across Israel's main roads. The contract spans up to four years and is valued at over NIS 21 million (approximately US$7 million), of which the first year, amounting to NIS 5 million (
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