ITW Board of Directors Declares Quarterly Dividend

Rhea-AI Summary

Illinois Tool Works Inc. (ITW) declares a dividend of $1.40 per share for the first quarter of 2024, totaling $5.60 per share annually. The dividend payment will be made on April 11, 2024, to shareholders of record as of March 29, 2024.

GLENVIEW, Ill., Feb. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the first quarter of 2024. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on April 11, 2024 to shareholders of record as of March 29, 2024.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industry manufacturing leader with revenue of $16.1 billion in 2023. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Contact	Investor Relations
Erin Linnihan	Karen Fletcher / Erin Linnihan
Tel: 224.661.7451	Tel: 224.661.7433
mediarelations@itw.com	investorrelations@itw.com

FAQ

What dividend did Illinois Tool Works Inc. (ITW) declare for the first quarter of 2024?

Illinois Tool Works Inc. (ITW) declared a dividend of $1.40 per share for the first quarter of 2024.

When will the dividend payment be made for Illinois Tool Works Inc. (ITW) shareholders?

The dividend payment will be made on April 11, 2024, for Illinois Tool Works Inc. (ITW) shareholders.

What is the total annual dividend per share for Illinois Tool Works Inc. (ITW) in 2024?

The total annual dividend per share for Illinois Tool Works Inc. (ITW) in 2024 is $5.60.