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Illinois Tool Works Raises Dividend By 7%

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Illinois Tool Works Raises Dividend By 7%
  • Illinois Tool Works Inc. (NYSE: ITW) has increased its dividend by 7%, representing a quarterly increase of $0.08 per share – or $0.32 per share annually. 
  • The dividend equates to $4.88 per share on a full-year basis.
  • The company also declared a Q3 dividend of $1.22 per share, payable on October 14, 2021, to shareholders of record as of September 30, 2021.
  • Price Action: ITW shares are trading higher by 0.28% at $227.60 on the last check Friday.
 

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