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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

ITT Increases Quarterly Dividend 10 Percent to 14.7 Cents Per Share

February 22, 2019

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Feb 22, 2019--ITT Inc. (NYSE:ITT) announced today that it is increasing its quarterly dividend to 14.7 cents per share on the company’s outstanding stock. The ITT Board of Directors has approved the cash dividend for the first quarter of 2019, which will be payable on April 1, 2019, to shareholders of record as of the close of business on March 11, 2019.

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial 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 2018 revenues of $2.7 billion. For more information, visit www.itt.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190222005034/en/

CONTACT: Investors:

Jessica Kourakos

+1 914-641-2030

jessica.kourakos@itt.comMedia:

Laurent Lawrence

+1 914-304-1809

laurent.lawrence@itt.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS ENGINEERING PACKAGING STEEL TEXTILES

SOURCE: ITT Inc.

Copyright Business Wire 2019.

PUB: 02/22/2019 06:45 AM/DISC: 02/22/2019 06:45 AM

http://www.businesswire.com/news/home/20190222005034/en