Illinois Tool Works As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ITW $5.60 6.9% 7.4% 7.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Industrial Products 2.4% 52 7.0% Quarter N/A

Illinois Tool Works (ITW) will raise its quarterly dividend by 9.7 percent to $0.34 per share in 2010. This is the company’s first dividend increase since 2008, when the dividend was raised by 3 cents to $0.31 per share quarterly.

The increased dividend is payable on October 13, 2010 to shareholders of record at the close of business on September 30, 2010. The ex-date for his next dividend of 36 cents per share is September 28, 2010.

Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. Its products include fasteners, components, equipment, consumable systems, and a variety of specialty products and equipment. The Company operates through seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products and Specialty Products.