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


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Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on April 09, 2013. Shareholders who purchased ITW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ITW has paid the same dividend.

The previous trading day's last sale of ITW was $62.21, representing a -5.17% decrease from the 52 week high of $65.60 and a 26.78% increase over the 52 week low of $49.07.

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 $6.08. Zacks Investment Research reports ITW's forecasted earnings growth in 2013 as 4.52%, compared to an industry average of 6.2%.

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 9.79% 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
More Headlines for: ALFA , CAJ , DHR , ITW , PXLC

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