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ITW Board of Directors Declares Quarterly Dividend Illinois Tool Works Inc. Glenview, Illinois, UNITED STATES GLENVIEW, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company s common stock of $1.14 per share for the first quarter of 2021. The dividend equates to $4.56 per share on a full-year basis. The dividend will be paid on Wednesday, April 14, 2021 to shareholders of record as of March 31, 2021. About Illinois Tool Works ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the compa ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. ITW Reports Fourth Quarter and Full Year 2020 Results Illinois Tool Works Inc.February 5, 2021 GMT Provides 2021 Guidance Including EPS Growth of 18% at the Mid-point Fourth-Quarter 2020 Highlights Record Q4 operating income of $883 million, an increase of 7% year-over-year Record Q4 operating margin of 25.4% as enterprise initiatives contributed 130 basis points GAAP EPS of $2.02, an increase of 2%, or 7% excluding $0.11 of divestiture gains in Q4 2019 Record Q4 after-tax ROIC of 32.0%, an increase of 310 basis points Strong free cash flow of $705 million, 110% of net income ADVERTISEMENT GAAP EPS of $7.60 to $8.00, an increase of 15 to 21% ....