Illinois Tool Works (ITW) Boosts Dividend 11% to $0.31/Share

August 11, 2008 10:53 AM EDT

On Friday, Illinois Tool Works Inc. (NYSE: ITW) raised their dividend 11% to 31 cents per share or $1.24 per share on an annual basis.

The dividend will be paid on Tuesday, October 14, 2008 to stockholders of record on Tuesday, September 30, 2008.

The ex-dividend date is September 26th and the dividend yield is 2.5%.


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