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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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ITW Board Of Directors Accelerates Dividend Payment

GLENVIEW, Ill., Dec. 7, 2012 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today approved a change in the payment and record dates of its regular cash dividend previously approved on October 26, 2012.  The payment date of the dividend of $0.38 cents per share has been changed to December 31, 2012 from January 8, 2013. The record date has been changed to December 18, 2012 from December 31, 2012.  

The company accelerated the payment of the dividend to allow its shareholders to benefit from the current dividend tax rate that is scheduled to expire on December 31, 2012. 

Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 150 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.


 

 

SOURCE Illinois Tool Works Inc.

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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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