ITW News and Press, Illinois Tool Works Inc. From 05/15/23

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GLENVIEW, Ill., May 05, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.31 per share for the second quarter of 2023. The dividend equates to $5.24 per share on a full-year basis. The dividend will be p...

2023-05-03 06:58:59 ET Summary ITW's unique business model, centered around the 80/20 principle and strategic sourcing, offers a competitive edge in uncertain markets. The company's strong financial performance and management's cautious approach to guidance indicate a focus on lon...