Illinois Tool Works Inc. (ITW) Ex-Dividend Date Scheduled for December 14, 2012


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Illinois Tool Works Inc. ( ITW ) has announced an ex-dividend date of December 14, 2012 and a cash dividend payment of $0.38 per share scheduled for December 31, 2012. Shareholders who purchased ITW stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.56% increase over the same period a year ago. At the current stock price of $61.86, the dividend yield is 2.46%.

The previous trading day's last sale of ITW was $61.86, representing a -2.32% decrease from the 52 week high of $63.33 and a 36.02% increase over the 52 week low of $45.48.

ITW is a part of the Technology sector, which includes companies such as Canon, Inc. ( CAJ ) and Danaher Corporation ( DHR ). ITW's current earnings per share, an indicator of a company's profitability, is $4.88. Zacks Investment Research reports ITW's forecasted earnings growth in 2012 as .49%, compared to an industry average of 2.9%.

For more information on the declaration, record and payment dates, visit the ITW Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: CAJ , DHR , ITW

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