ITW Illinois Tool Works Inc.

ITW Board Of Directors Declares Quarterly Dividend

ITW Board Of Directors Declares Quarterly Dividend

GLENVIEW, Ill., May 05, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.31 per share for the second quarter of 2023. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on July 13, 2023 to shareholders of record as of June 30, 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.

Media ContactInvestor Relations
Tel: 224.661.7451Karen Fletcher
 Tel: 224.661.7433
  



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05/05/2023

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Reports on Illinois Tool Works Inc.

 PRESS RELEASE

ITW Announces CEO Succession Plan

ITW Announces CEO Succession Plan Vice Chairman Christopher A. O’Herlihy Named President and Chief Executive Officer E. Scott Santi Will Become Non-Executive Chairman of the Board Succession Plan Supports Continued Advancement of ITW’s Enterprise Strategy and Differentiated Long-Term Performance GLENVIEW, Ill., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW), a global multi-industry manufacturing leader, today announced a succession plan that capitalizes on the strength and depth of the ITW leadership team. Christopher A. O’Herlihy, currently Vice Chairman...

 PRESS RELEASE

ITW Board of Directors Approves Dividend Rate Increase

ITW Board of Directors Approves Dividend Rate Increase GLENVIEW, Ill., Aug. 04, 2023 (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 $0.09 per share – or $0.36 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.40 per share for the third quarter of 2023. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on October 12, 2023 to shareh...

 PRESS RELEASE

ITW Reports Second Quarter 2023 Results

ITW Reports Second Quarter 2023 Results Revenue of $4.1 billion, an increase of 2% with organic growth of 3%Record operating income of $1.01 billion, an increase of 9%Operating margin of 24.8%, an increase of 170 bpsRecord GAAP EPS of $2.48, an increase of 5%; Excl. one-time tax items, EPS increased 9%Raising full year GAAP EPS guidance by $0.10 to a range of $9.55 to $9.95 per share GLENVIEW, Ill., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2023 results. “The ITW team delivered another quarter of strong operational execu...

 PRESS RELEASE

ITW Schedules Second Quarter 2023 Earnings Webcast

ITW Schedules Second Quarter 2023 Earnings Webcast GLENVIEW, Ill., July 06, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2023 results on Tuesday, August 1, 2023 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CDT start time. The passcode is “ITW.” Followin...

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