ITW Illinois Tool Works Inc.

ITW Board of Directors Declares Quarterly Dividend

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., Feb. 14, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.07 per share for the first quarter of 2020. The dividend equates to $4.28 per share on a full-year basis. The dividend will be paid on Wednesday, April 15, 2020 to shareholders of record as of March 31, 2020.

About Illinois Tool Works

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. 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 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.

Media ContactInvestor Relations
Illinois Tool WorksIllinois Tool Works
Trisha KnychKaren Fletcher
Tel: 224.661.7566Tel: 224.661.7433

EN
14/02/2020

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Reports by Illinois Tool Works Inc.

Illinois Tool Works Inc.: Update to credit analysis

Our credit view of ITW reflects the company's balanced, diverse mix of multiple business segments and industry leading profit margins.

ValuEngine Rating and Forecast Report for ITW

ValuEngine Rating and Forecast Report for ITW

Elizabeth Vermillion

Illinois Tool Works Inc.

An unfavourable environment weighs on ILLINOIS TOOL WKS.INCO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ILLINOIS TOOL WKS.INCO. (US), active in the Industrial Machinery industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date March 27, 2020, the closing price was USD 143.30 and its target price was estimated at USD 134.48.

ValuEngine Rating and Forecast Report for ITW

ValuEngine Rating and Forecast Report for ITW

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