ITW Board of Directors Approves Dividend Rate Increase
02 Agosto 2024 - 5:24PM
The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW)
authorized a seven percent increase to the dividend payout to
shareholders, representing a quarterly increase of $0.10 per share
– or $0.40 per share annually – versus the current dividend rate.
The Board also declared a dividend on the company's common stock of
$1.50 per share for the third quarter of 2024. The dividend equates
to $6.00 per share on a full-year basis. The dividend will be paid
on October 11, 2024 to shareholders of record as of September 30,
2024.
About Illinois Tool WorksITW
(NYSE: ITW) is a Fortune 300 global multi-industry manufacturing
leader with revenue of $16.1 billion in 2023. The company’s seven
industry-leading segments leverage the unique ITW Business Model to
drive solid growth with best-in-class margins and returns in
markets where highly innovative, customer-focused solutions are
required. ITW’s approximately 45,000 dedicated colleagues around
the world thrive in the company’s decentralized and entrepreneurial
culture. www.itw.com
Investor Relations & Media
Contact: Erin LinnihanTel: 224.661.7431
investorrelations@itw.com | mediarelations@itw.com
Grafico Azioni Illinois Tool Works (NYSE:ITW)
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Grafico Azioni Illinois Tool Works (NYSE:ITW)
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