GLENVIEW, Ill., May 2, 2014 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.42 cents per share or $1.68 per share on an annualized basis. The dividend will be paid on July 8, 2014 to stockholders of record as of June 30, 2014.
ITW is a Fortune 200 global diversified industrial manufacturer of value added consumables and specialty equipment with related service businesses. The Company focuses on solid growth, improving profitability and strong returns across its 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 $14.1 billion in 2013.
SOURCE Illinois Tool Works Inc.