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ITW DIRECTORS INCREASE QUARTERLY DIVIDEND

 GLENVIEW, Ill., Oct. 15 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) at their meeting today declared a regular quarterly cash dividend of 13 cents per share or 52 cents per share on an annual basis.
 This quarterly increase of 1 cent per share -- 4 cents per share annually -- represents an 8 percent increase over the current annual rate. This dividend will be payable Dec. 1, 1993 to stockholders of record Nov. 5, 1993.
 ITW is a multinational manufacturer of highly engineered fasteners, components, assemblies and systems with annual revenues exceeding $2.8 billion. The company has 250 operations in 33 countries and employs approximately 18,000 people.
 -0- 10/15/93
 /CONTACT: Linda Williams of Illinois Tool Works, 708-657-4104/
 (ITW)


CO: Illinois Tool Works Inc. ST: Illinois IN: MAC SU: DIV

TS -- NY043 -- 2758 10/15/93 12:45 EDT
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Publication:PR Newswire
Date:Oct 15, 1993
Words:145
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