ITW Board of Directors Declares Quarterly Dividend
The Board of Directors of Illinois Tool Works declared a dividend of $1.07 per share for the second quarter of 2020, amounting to $4.28 on an annual basis.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Board of Directors of Illinois Tool Works declared a dividend of $1.07 per share for the second quarter of 2020, amounting to $4.28 on an annual basis. This dividend will be paid on July 15, 2020 to shareholders recorded as of June 30, 2020. Illinois Tool Works reported $14.1 billion in revenues for 2019, showcasing its position as a leading global multi-industrial manufacturer.
Positive
- Declared a dividend of $1.07 per share for Q2 2020, indicating strong cash flow.
- Annual dividend projection of $4.28 per share demonstrates company confidence.
Negative
- None.
Details
News Market Reaction – ITW
The recorded move for ITW in the trading session of this news was +2.59%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GLENVIEW, Ill., May 08, 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
Illinois Tool Works
Trisha Knych
Tel: 224.661.7566
mediarelations@itw.com
Investor Relations
Illinois Tool Works
Karen Fletcher
Tel: 224.661.7433
investorrelations@itw.com
FAQ
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