Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ILLINOIS TOOL WORKS INC.

(ITW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

ITW Board of Directors Approves Dividend Rate Increase

08/06/2021 | 01:52pm EDT

GLENVIEW, Ill., Aug. 06, 2021 (GLOBE NEWSWIRE) -- 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 $0.08 per share – or $0.32 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.22 per share for the third quarter of 2021. The dividend equates to $4.88 per share on a full-year basis. The dividend will be paid on Thursday, October 14, 2021, to shareholders of record as of September 30, 2021.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. 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 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Relations
Illinois Tool Works
Tel: 224.661.7451
mediarelations@itw.com
                               Investor Relations
Illinois Tool Works
Karen Fletcher
Tel: 224.661.7433
investorrelations@itw.com
   

Primary Logo


© GlobeNewswire 2021
All news about ILLINOIS TOOL WORKS INC.
10/13ILLINOIS TOOL WORKS : Deutsche Bank Adjusts Illinois Tool Works PT to $237 From $238, Main..
MT
10/07ILLINOIS TOOL WORKS : Morgan Stanley Adjusts Illinois Tool Works' Price Target to $198 fro..
MT
10/05Credit Suisse Tweaks Estimates, Price Targets for 17 Names Under US Machinery, Engineer..
MT
10/05ILLINOIS TOOL WORKS : Credit Suisse Adjusts Price Target on Illinois Tool Works to $261 Fr..
MT
10/05ILLINOIS TOOL WORKS : ITW Schedules Third Quarter 2021 Earnings Webcast
GL
09/29ILLINOIS TOOL WORKS INC. : Ex-dividend day for
FA
09/17ILLINOIS TOOL WORKS : Wolfe Research Adjusts Illinois Tool Works PT to $235 From $237, Mai..
MT
08/06ILLINOIS TOOL WORKS : Management's Discussion and Analysis of Financial Condition and Resu..
AQ
08/06ILLINOIS TOOL WORKS : Raises Quarterly Dividend 7% to $1.22 a Share, Payable Oct. 14 to Sh..
MT
08/06ITW Board of Directors Approves Dividend Rate Increase
GL
More news
Analyst Recommendations on ILLINOIS TOOL WORKS INC.
More recommendations
Financials (USD)
Sales 2021 14 421 M - -
Net income 2021 2 746 M - -
Net Debt 2021 5 269 M - -
P/E ratio 2021 25,9x
Yield 2021 2,05%
Capitalization 70 732 M 70 732 M -
EV / Sales 2021 5,27x
EV / Sales 2022 4,95x
Nbr of Employees 43 000
Free-Float 57,1%
Chart ILLINOIS TOOL WORKS INC.
Duration : Period :
Illinois Tool Works Inc. Technical Analysis Chart | ITW | US4523081093 | MarketScreener
Technical analysis trends ILLINOIS TOOL WORKS INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Last Close Price 224,57 $
Average target price 233,39 $
Spread / Average Target 3,93%
EPS Revisions
Managers and Directors
Ernest Scott Santi Chairman & Chief Executive Officer
Michael M. Larsen Chief Financial Officer & Senior Vice President
Susan M. Crown Independent Director
Pamela B. Strobel Independent Director
David H. B. Smith Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ILLINOIS TOOL WORKS INC.10.13%70 720
BERKSHIRE HATHAWAY INC.24.11%649 281
HONEYWELL INTERNATIONAL INC.2.21%155 008
SIEMENS AG18.75%128 823
GENERAL ELECTRIC COMPANY19.39%113 217
3M COMPANY4.19%105 382