Illinois Tool Works increases dividend by 18.2 percent in 2016 Dividendhike.com | Dividend News and Statistics for US Equities

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

Illinois Tool Works hikes dividend by 18.2%

Friday 5 August 2016

Illinois Tool Works (ITW) will raise its quarterly dividend by 18.2 percent to $0.65 per share in 2016. Last year the industrial company increased its dividend from $0.485 to $0.55 per share quarterly.

The dividend will be paid on October 6, 2016 to shareholders of record as of September 30, 2016. The ex-date for the next dividend of 65 cents per share is September 28, 2016.

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. llinois Tool Works Inc. was founded in 1912 and incorporated in 1915.

Illinois Tool Works

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