ITW Board of Directors Declares Quarterly Dividend
May 14, 2021 | ITWEstimated reading time: Less than a minute
The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.14 per share for the second quarter of 2021. The dividend equates to $4.56 per share on a full-year basis. The dividend will be paid on Thursday, July 15, 2021 to shareholders of record as of June 30, 2021.
The Board also approved a new share repurchase program that authorizes management to buy back up to $3 billion of the Company’s common stock over an open-ended period of time. The full authorization represents approximately 13 million shares based on ITW’s closing share price on May 6, 2021. The Company’s existing share repurchase authorization of $3 billion was announced in August 2018 and has approximately $1.0 billion remaining in that program as of March 31, 2021.
Suggested Items
Kimball Electronics Tampa Celebrated the Diversity of their Workforce with a Diversifest Taste of Cultures Event
05/21/2024 | Kimball ElectronicsKimball Electronics Tampa employees representing over 15 countries set up booths that demonstrated their culture and customs, including clothing, food, music and general facts.
Kimball Electronics Romania Volunteers Deliver Hope and Aid to Remote Mountain Communities
05/20/2024 | Kimball Electronics Inc.A significant portion of the Kimball Electronics Romania leadership team, along with employees and their children, participated in a two-day service project in remote mountain villages within a nearby county.
Danutek Celebrates 20 Anniversary
05/20/2024 | DanutekDanutek, a leading supplier of capital equipment and service support to the electronics manufacturing sector in Europe, proudly marks its 20th anniversary this year.
SPEA Expands in Southeast Asia with New Subsidiary in Thailand
05/17/2024 | SPEASPEA, a global leader in automatic test equipment for the manufacturing of semiconductor, microelectronic and electronic devices, today announced the opening of its new subsidiary in Thailand. This expansion marks a significant step forward in SPEA's commitment to serving the growing Southeast Asian microchip and electronics market with leading-edge manufacturing machinery and equipment.
Indium Corporation to Showcase Sustainable Solutions for Power Electronics at PCIM
05/17/2024 | Indium CorporationAs one of the leading materials providers to the power electronics assembly industry, Indium Corporation® will proudly showcase a selection of innovative products at PCIM Europe, June 11-13, in Nuremberg, Germany.