Illinois Tool (ITW) Declares $0.31 Quarterly Dividend; 2.6% Yield

October 30, 2009 12:43 PM EDT

Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.31 cents per share or $1.24 annualized.

This dividend will be paid on Tuesday, January 12, 2010 to stockholders of record on Thursday, December 31, 2009. The ex-dividend date is December 29, 2009.

Yield on the dividend is 2.6%.

Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide.


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