Illinois Tool Works, Inc. (ITW) Raises Quarterly Dividend 15% to $0.485; 2.3% Yield

Illinois Tool Works, Inc. (NYSE: ITW) declared a quarterly dividend of $0.485 per share, or $1.94 annualized. This is a 15.5% increase from the prior dividend of $0.42.

The dividend will be payable on October 7, 2014, to stockholders of record on September 30, 2014, with an ex-dividend date of September 26, 2014.

The annual yield on the dividend is 2.3 percent.

For a dividend history and other dividend-related data on Illinois Tool Works, Inc. (ITW) click here.

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