ITW Board of Directors Declares Quarterly Dividend - Investor Update

Illinois Tool Works announces Q4 2022 dividend declaration, reinforcing the company's commitment to shareholder value and financial strength as a leading global multi-industrial manufacturer.

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., Oct. 28, 2022 (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 fourth quarter of 2022. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on January 12, 2023 to shareholders of record as of December 30, 2022.


28 Oct, 2022 Illinois Tool Works Inc.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. 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. www.itw.com

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How can I evaluate Illinois Tool Works' dividend sustainability and long-term shareholder value creation strategy?

ITW's consistent dividend declaration of $5.24 per share annually, backed by $14.5 billion in revenues and operations across 51 countries, demonstrates strong financial health and commitment to shareholder returns. The company's diversified portfolio across seven industry-leading segments and decentralized business model provide resilience and sustainable growth. Contact our investor relations team to access detailed financial reports, dividend history analysis, and forward-looking guidance to make informed investment decisions.

As a subsidiary of Illinois Tool Works, ITW Electronic Business Asia benefits from the parent company's exceptional financial strength, global resources spanning 51 countries, and approximately 45,000 dedicated colleagues worldwide. ITW's decentralized and entrepreneurial culture drives innovation and customer-focused solutions in highly specialized markets. The dividend payment scheduled for January 12, 2023, to shareholders of record as of December 30, 2022, underscores ITW's financial stability and long-term value creation strategy, providing investors confidence in the company's sustainable growth trajectory and commitment to delivering reliable returns in the competitive global manufacturing landscape.