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ITW DIRECTORS DECLARE QUARTERLY DIVIDEND, ESTABLISH DIVIDEND REINVESTMENT PLAN

 ITW DIRECTORS DECLARE QUARTERLY DIVIDEND,
 ESTABLISH DIVIDEND REINVESTMENT PLAN
 GLENVIEW, Ill., Dec. 13 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW), at their meeting today, declared a regular quarterly cash dividend of 22 cents per share or 88 cents per share on an annual basis. This dividend will be payable March 3, 1992, to stockholders of record Feb. 7, 1992.
 On another matter, the company will initiate a dividend reinvestment program effective Jan. 1, 1992. Details of the plan will be distributed to shareholders shortly.
 -0- 12/13/91
 /CONTACT: Stephen J. Kaye of ITW, 708-657-4094/
 (ITW) CO: Illinois Tool Works Inc. ST: Illinois IN: SU: DIV


JT -- NY046 -- 2425 12/13/91 14:12 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 13, 1991
Words:120
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