trending Market Intelligence /marketintelligence/en/news-insights/trending/hvMP_xr-l3082xpA5egXmw2 content esgSubNav
In This List

Illinois Tool Works board OKs 7% quarterly dividend hike

Case Study

Identifying PPE Suppliers During the Pandemic

Case Study

A Government Agency Sharpens Its Focus On Transfer Pricing Strategies

Blog

Municipal CUSIP Request Volumes Climbs for Fourth Straight Month

Blog

European Energy Insights - May 2021


Illinois Tool Works board OKs 7% quarterly dividend hike

Illinois Tool Works Inc.'s board authorized to increase the company's dividend by 7% to $1.07 per share for the third quarter, according to an Aug. 2 release.

The dividend will be paid Oct. 9 to shareholders of record as of Sept. 30.

The increase is part of the company's previously announced plan to hike its dividend payout ratio to approximately 50% of free cash flow.