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.

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GlobeNewswire Inc | Feb 12, 2021 11:52AM EST

February 12, 2021

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 WorksITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The companys 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. ITWs approximately 43,000 dedicated colleagues around the world thrive in the companys decentralized and entrepreneurial culture. www.itw.com

Media Contact Investor RelationsIllinois Tool Works Illinois Tool WorksTrisha Knych Karen FletcherTel: 224.661.7566 Tel: 224.661.7433mediarelations@itw.com investorrelations@itw.com