ITW Board of Directors Declares Quarterly Dividend
Rhea-AI Summary
The Board of Directors of Illinois Tool Works declared a dividend of $1.14 per share for Q4 2020, translating to $4.56 per share annually.
This dividend is set to be paid on January 14, 2021, to shareholders of record as of December 31, 2020. Illinois Tool Works is recognized as a Fortune 200 company, reporting revenues of $14.1 billion in 2019, with a strong focus on customer-driven solutions across seven industrial segments.
Positive
- Declared a quarterly dividend of $1.14 per share, indicating strong cash flow and commitment to returning value to shareholders.
- Full-year dividend equates to $4.56 per share, showing consistent return policy.
Negative
- None.
News Market Reaction – ITW
On the day this news was published, ITW declined 0.47%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
GLENVIEW, Ill., Oct. 30, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company’s common stock of
About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling
| Media Contact | Investor Relations |
| Illinois Tool Works | Illinois Tool Works |
| Trisha Knych | Karen Fletcher |
| Tel: 224.661.7566 | Tel: 224.661.7433 |
| mediarelations@itw.com | investorrelations@itw.com |
