WHITE PLAINS, N.Y--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) announced today that it is increasing its quarterly dividend 15 percent to 16.9 cents per share on the company’s outstanding stock. The ITT Board of Directors has approved the cash dividend for the first quarter of 2020, which will be payable on April 6, 2020, to shareholders of record as of the close of business on March 16, 2020.
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in approximately 125 countries. The company generated 2019 revenues of $2.85 billion. For more information, visit www.itt.com.