U.S. markets closed
  • S&P Futures

    4,215.50
    +5.75 (+0.14%)
     
  • Dow Futures

    33,333.00
    +29.00 (+0.09%)
     
  • Nasdaq Futures

    13,341.25
    +30.00 (+0.23%)
     
  • Russell 2000 Futures

    1,979.40
    +3.10 (+0.16%)
     
  • Crude Oil

    93.94
    -0.40 (-0.42%)
     
  • Gold

    1,804.40
    -2.80 (-0.15%)
     
  • Silver

    20.30
    -0.05 (-0.24%)
     
  • EUR/USD

    1.0311
    -0.0014 (-0.13%)
     
  • 10-Yr Bond

    2.8880
    +0.1020 (+3.66%)
     
  • Vix

    20.20
    +0.46 (+2.33%)
     
  • GBP/USD

    1.2183
    -0.0019 (-0.16%)
     
  • USD/JPY

    133.4010
    +0.4020 (+0.30%)
     
  • BTC-USD

    24,008.07
    -266.66 (-1.10%)
     
  • CMC Crypto 200

    570.85
    -3.89 (-0.68%)
     
  • FTSE 100

    7,465.91
    -41.20 (-0.55%)
     
  • Nikkei 225

    28,479.99
    +660.66 (+2.37%)
     

ITW Board of Directors Approves Dividend Rate Increase

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
Illinois Tool Works Inc.
Illinois Tool Works Inc.

GLENVIEW, Ill., Aug. 05, 2022 (GLOBE NEWSWIRE) -- 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 $0.09 per share – or $0.36 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.31 per share for the third quarter of 2022. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on October 14, 2022 to shareholders of record as of September 30, 2022.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. 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


Media Contact

Investor Relations

Tel: 224.661.7451

Karen Fletcher

mediarelations@itw.com

Tel: 224.661.7433

 

investorrelations@itw.com