Illinois Tool Works Inc. (ITW) Ex-Dividend Date Scheduled for June 26, 2013


Shutterstock photo

Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on July 09, 2013. Shareholders who purchased ITW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ITW has paid the same dividend. At the current stock price of $67.15, the dividend yield is 2.26%.

The previous trading day's last sale of ITW was $67.15, representing a -6.4% decrease from the 52 week high of $71.74 and a 36.85% increase over the 52 week low of $49.07.

ITW is a part of the Technology sector, which includes companies such as Danaher Corporation ( DHR ) and Canon, Inc. ( CAJ ). ITW's current earnings per share, an indicator of a company's profitability, is $5.86. Zacks Investment Research reports ITW's forecasted earnings growth in 2013 as 3.57%, compared to an industry average of 7.2%.

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

Interested in gaining exposure to ITW through an Exchange Traded Fund [ETF]?
The following ETF(s) have ITW as a top-10 holding:

  • AlphaClone Alternative Alpha ETF ( ALFA )
  • PowerShares Fundamental Pure Large Core Portfolio ( PXLC ).

The top-performing ETF of this group is PXLC with an increase of 13.89% over the last 100 days. ALFA has the highest percent weighting of ITW at 2.31%.

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: ALFA , CAJ , DHR , ITW , PXLC

More from News

Subscribe News
Contributor: News

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by