ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization and remote monitoring systems and services; and centrifugal and twin screw positive displacement pumps, as well as aftermarket solutions, such as replacement parts and services. It serves various customers in industries, such as chemical, energy, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and energy. This segment's connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies, as well as control products consist of actuators, valves, and pumps and switches for flow control applications; rate controls, seat recline locks, and elastomer isolators for aircraft interiors; elastomeric bearings for rotorcraft vibration isolation; heaters, hoses, and composite ducting for environmental control systems; and advanced composites for engine applications. ITT Inc. was incorporated in 1920 and is headquartered in White Plains, New York.
ITT Dividend Announcement
• ITT announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-11-29
• ITT annual dividend for 2024 was $1.28
• ITT annual dividend for 2023 was $1.16
• ITT's trailing twelve-month (TTM) dividend yield is 0.82%
• ITT's payout ratio for the trailing twelve months (TTM) is 21.25%
• ITT's dividend growth over the last five years (2018-2023) was 16.70% year
• ITT's dividend growth over the last ten years (2013-2023) was 11.23% year
ITT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.32 | quarterly | 2024-12-31 |
2024-09-03 | $0.32 | quarterly | 2024-09-30 |
2024-06-03 | $0.32 | quarterly | 2024-07-01 |
2024-03-07 | $0.32 | quarterly | 2024-04-01 |
2023-11-30 | $0.29 | quarterly | 2023-12-29 |
2023-08-31 | $0.29 | quarterly | 2023-10-02 |
2023-06-08 | $0.29 | quarterly | 2023-07-03 |
2023-03-08 | $0.29 | quarterly | 2023-04-03 |
2022-11-30 | $0.26 | quarterly | 2022-12-30 |
2022-09-01 | $0.26 | quarterly | 2022-10-03 |
2022-06-16 | $0.26 | quarterly | 2022-07-05 |
2022-03-08 | $0.26 | quarterly | 2022-04-04 |
2021-12-10 | $0.22 | quarterly | 2021-12-30 |
2021-09-10 | $0.22 | quarterly | 2021-10-04 |
2021-06-18 | $0.22 | quarterly | 2021-07-06 |
2021-03-16 | $0.22 | quarterly | 2021-04-05 |
2020-12-04 | $0.17 | quarterly | 2020-12-30 |
2020-09-10 | $0.17 | quarterly | 2020-10-05 |
2020-06-12 | $0.17 | quarterly | 2020-07-06 |
2020-03-13 | $0.17 | quarterly | 2020-04-06 |
2019-12-06 | $0.15 | quarterly | 2019-12-30 |
2019-09-09 | $0.15 | quarterly | 2019-10-01 |
2019-06-07 | $0.15 | quarterly | 2019-07-01 |
2019-03-08 | $0.15 | quarterly | 2019-04-01 |
2018-12-06 | $0.13 | quarterly | 2018-12-28 |
2018-09-07 | $0.13 | quarterly | 2018-10-01 |
2018-06-08 | $0.13 | quarterly | 2018-07-02 |
2018-03-09 | $0.13 | quarterly | 2018-04-02 |
2017-12-07 | $0.13 | quarterly | 2017-12-29 |
2017-09-08 | $0.13 | quarterly | 2017-10-02 |
2017-06-08 | $0.13 | quarterly | 2017-07-03 |
2017-03-09 | $0.13 | quarterly | 2017-04-03 |
2016-12-07 | $0.12 | quarterly | 2016-12-30 |
2016-09-07 | $0.12 | quarterly | 2016-10-03 |
2016-06-08 | $0.12 | quarterly | 2016-07-01 |
2016-03-09 | $0.12 | quarterly | 2016-04-01 |
2015-12-09 | $0.12 | quarterly | 2015-12-31 |
2015-09-09 | $0.12 | quarterly | 2015-10-01 |
2015-06-10 | $0.12 | quarterly | 2015-07-01 |
2015-03-11 | $0.12 | quarterly | 2015-04-01 |
2014-12-10 | $0.11 | quarterly | 2014-12-31 |
2014-09-10 | $0.11 | quarterly | 2014-10-01 |
2014-06-11 | $0.11 | quarterly | 2014-07-01 |
2014-03-12 | $0.11 | quarterly | 2014-04-01 |
2013-11-13 | $0.10 | quarterly | 2013-12-31 |
2013-08-28 | $0.10 | quarterly | 2013-10-01 |
2013-05-22 | $0.10 | quarterly | 2013-07-01 |
2013-03-13 | $0.10 | quarterly | 2013-04-01 |
ITT Dividend per year
ITT Dividend growth
ITT Dividend Yield
ITT current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing ITT stock? Use our calculator to estimate your expected dividend yield:
ITT Financial Ratios
ITT Dividend FAQ
Other factors to consider when evaluating ITT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ITT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ITT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ITT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ITT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ITT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ITT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ITT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ITT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ITT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.