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Illinois Tool Works Board Of Directors Approves Quarterly Dividend Rate Increase From $1.50 To $1.61 Per Share

Author: Benzinga Newsdesk | August 01, 2025 11:32am

The Board of Directors of Illinois Tool Works Inc. (NYSE:ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.11 per share – or $0.44 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.61 per share for the third quarter of 2025. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on October 10, 2025 to shareholders of record as of September 30, 2025.

Posted In: ITW


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