ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program
ITW's Board of Directors approved a 7% increase in the annual cash dividend from $6.44 to $6.88 per share, effective with the fourth-quarter dividend of $1.72 payable on October 9, 2026.
Why it matters — A dividend increase signals management's confidence in the company's cash flow and financial health, which is closely watched by income-focused investors.