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 for its common stock, par value $1. The dividend is set to be paid on October 3, 2022, to shareholders on record as of September 2, 2022. This decision reflects ITT's ongoing commitment to returning value to its shareholders, aligning with its strategy of maintaining a sustainable dividend policy. ITT specializes in manufacturing critical components for the transportation, industrial, and energy markets, with a strong presence in over 35 countries.

Positive

• Quarterly dividend of $0.264 per share reflects strong shareholder value.
• Company demonstrates commitment to returning value via dividends.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- August 2, 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 October 3, 2022 to shareholders of record of such common stock as of the close of business on September 2, 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 Stamford, Connecticut, 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/20220802005847/en/

Media:

Kellie Harris

+1 (914) 641-2103

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

When will the ITT dividend be paid?

The dividend will be paid on October 3, 2022.

What is the record date for ITT's dividend payment?

The record date for the dividend payment is September 2, 2022.

How often does ITT pay dividends?

ITT pays dividends quarterly.

What markets does ITT serve?

ITT serves the transportation, industrial, and energy markets.