ITT Announces Quarterly Dividend of $0.264 Per Share

Rhea-AI Summary

ITT Inc. has announced a quarterly dividend payment of $0.264 per share on its common stock, with a payment date set for July 5, 2022. Shareholders must be on record by June 17, 2022 to qualify. This dividend reflects ITT's commitment to returning value to shareholders while maintaining its operations in critical sectors like transportation and energy. The company continues its legacy of innovation and global reach, operating in over 35 countries and generating sales across approximately 125 countries.

Positive

• Quarterly dividend of $0.264 per share declared, indicating financial strength.
• Dividend payment reflects ITT's commitment to shareholder value.

Negative

• None.

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- May 18, 2022-- ITT Inc. (NYSE: ITT) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.264 per share on the Company’s outstanding common stock, par value $1 per share. The dividend is payable on July 5, 2022 to shareholders of record of such common stock as of the close of business on June 17, 2022.

About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, NY., with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit www.itt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518006085/en/

Media:

Kellie Harris

+1 914-216-4025

kellie.harris@itt.com

Investors:

Mark Macaluso

+1 914-641-2064

mark.macaluso@itt.com

Source: ITT Inc.

FAQ

What is the dividend amount declared by ITT?

ITT declared a quarterly dividend payment of $0.264 per share.

When will ITT's dividend be paid?

The dividend is payable on July 5, 2022.

What is the record date for ITT's dividend?

The record date for ITT's dividend is June 17, 2022.

How often does ITT pay dividends?

ITT pays dividends quarterly.

What markets does ITT operate in?

ITT operates in the transportation, industrial, and energy markets.