ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program

Markets GlobeNewswire By GlobeNewswire 07 Aug 2026 17:26 1 min read
ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program

GLENVIEW, Ill., Aug. 07, 2026 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that its Board of Directors has approved a seven percent increase in the company’s regular annual cash dividend from $6.44 to $6.88 per share. The increase is effective with the fourth-quarter dividend of $1.72, which was declared today, and is payable on October 9, 2026, to holders of record at the close of business on September 30, 2026.

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