ITW Board of Directors Declares Quarterly Dividend

Rhea-AI Summary

Illinois Tool Works Inc. (NYSE: ITW) declares a dividend of $1.40 per share for Q4 2023, totaling $5.60 per share for the full year. Payment will be made on January 11, 2024, to shareholders of record as of December 29, 2023.

Positive

• Illinois Tool Works Inc. declares a dividend of $1.40 per share for Q4 2023, totaling $5.60 per share for the full year. This could positively impact the stock price as it provides income to shareholders and demonstrates the company's financial stability.

Negative

• None.

GLENVIEW, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the fourth quarter of 2023. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on January 11, 2024 to shareholders of record as of December 29, 2023.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industry manufacturing leader with revenue of $15.9 billion in 2022. 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 46,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Contact	Investor Relations
Tel: 224.661.7451	Karen Fletcher
mediarelations@itw.com	Tel: 224.661.7433
	investorrelations@itw.com

 
 
 

FAQ

What is the dividend declared by Illinois Tool Works Inc. for Q4 2023?

Illinois Tool Works Inc. has declared a dividend of $1.40 per share for the fourth quarter of 2023.

When will the dividend be paid?

The dividend will be paid on January 11, 2024.

Who is eligible to receive the dividend?

Shareholders of record as of December 29, 2023, will be eligible to receive the dividend.

How much is the dividend per share for the full year?

The dividend amounts to $5.60 per share for the full year.