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

By: NASDAQ.com News
Posted: 9/25/2013 9:00:00 AM
Referenced Stocks: ALFA;ASML;DHR;ITW

Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.42 per share is scheduled to be paid on October 08, 2013. Shareholders who purchased ITW stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.53% increase over the prior quarter. At the current stock price of $78, the dividend yield is 2.15%.

The previous trading day's last sale of ITW was $78, representing a -0.71% decrease from the 52 week high of $78.56 and a 34.22% increase over the 52 week low of $58.12.

ITW is a part of the Technology sector, which includes companies such as Danaher Corporation ( DHR ) and ASML Holding N.V. ( ASML ). ITW's current earnings per share, an indicator of a company's profitability, is $5.04. Zacks Investment Research reports ITW's forecasted earnings growth in 2013 as 2.67%, compared to an industry average of 8.5%.

For more information on the declaration, record and payment dates, visit the ITW Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

The top-performing ETF of this group is ALFA with an increase of 11.79% over the last 100 days. It also has the highest percent weighting of ITW at 2.31%.