ITW Board Of Directors Approves 6 Percent Dividend Increase
GLENVIEW, Ill., Aug. 3, 2012 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.38 cents per share or $1.52 per share on an annual basis. The quarterly increase of $0.02 cents per share—$0.08 cents per share annually—represents a 6 percent increase versus the current dividend rate. The newly increased dividend will be paid on October 10, 2012 to stockholders of record as of September 28, 2012.
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 150 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
More by this Source
ITW Board Of Directors Declare Quarterly Dividend
Nov 01, 2013, 14:48 ET
ITW Announces Plans To Webcast Investor Presentation For Baird's 2013 Industrial Conference
Oct 29, 2013, 12:53 ET
ITW Reports Third Quarter 2013 Results
Oct 21, 2013, 19:40 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.