Illinois Tool Works (ITW) Raises Quarterly Dividend 6.9% to $1.40; 2.3% Yield

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Go back to Illinois Tool Works (ITW) Raises Quarterly Dividend 6.9% to $1.40; 2.3% Yield

ITW Board of Directors Approves Dividend Rate Increase

August 4, 2023 12:10 PM EDT

GLENVIEW, Ill., Aug. 04, 2023 (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... More