ITW Board Maintains Cash Dividend of $1.24 Per Share on an Annual Basis
August 7, 2009
GLENVIEW, Ill., Aug. 7 /PRNewswire-FirstCall/ — The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.31 cents per share or $1.24 per share on an annual basis. This new dividend payout is consistent with the 2008-2009 dividend payout.
The dividend will be paid on Wednesday, October 14, 2009 to stockholders of record on Wednesday, September 30, 2009.
With $17.1 billion in 2008 revenues, ITW is a multinational manufacturer of a diversified range of value-adding and short lead-time industrial products and equipment. The Company consists of 895 business units in 54 countries and employs some 59,000 people.
SOURCE Illinois Tool Works Inc.
Source: newswire