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

By: News
Posted: 12/12/2012 9:00:00 AM
Referenced Stocks: CAJ;DHR;ITW

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.