ITW Board of Directors Declares Quarterly Dividend

Rhea-AI Impact

(Low)

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Rhea-AI Summary

Illinois Tool Works (NYSE: ITW) announced its Board of Directors has declared a quarterly dividend of $1.50 per share for the first quarter of 2025. This dividend translates to an annual rate of $6.00 per share. The payment is scheduled for April 10, 2025, and will be distributed to shareholders who are on record as of March 31, 2025.

Positive

Quarterly dividend maintained at $1.50 per share
Annual dividend rate of $6.00 per share demonstrates strong shareholder returns
Consistent dividend payment schedule indicates financial stability

Negative

None.

News Market Reaction 1 Alert

-0.76% News Effect

On the day this news was published, ITW declined 0.76%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

02/14/2025 - 10:08 AM

GLENVIEW, Ill., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.50 per share for the first quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on April 10, 2025 to shareholders of record as of March 31, 2025.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 44,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Investor Relations & Media Contact:
Erin Linnihan
Tel: 224.661.7431
investorrelations@itw.com | mediarelations@itw.com