ITT Raises Quarterly Dividend 25 Percent to 17.5 Cents Per Share
February 15 2008 - 2:16PM
Business Wire
The Board of Directors of ITT Corporation (NYSE: ITT) today
declared a cash dividend of 17.5 cents per share for the first
quarter of 2008, representing a 25 percent increase over the
previous dividend. This cash dividend will be payable April 1, 2008
to shareholders of record on March 7, 2008. In other business, the
Board set the 2008 annual meeting for 10:30 a.m. Eastern Daylight
Time on Tuesday, May 13, 2008 at Tappan Hill, 81 Highland Avenue,
Tarrytown, N.Y. All shareholders of record as of March 21, 2008 are
invited to attend. About ITT Corporation ITT Corporation
(www.itt.com) is a diversified high-technology engineering and
manufacturing company dedicated to creating more livable
environments, enabling communications and providing protection and
safety. The company plays an important role in vital markets
including water and fluids management, global defense and security,
and motion and flow control. ITT employs approximately 40,000
people serving customers in more than 50 countries. Headquartered
in White Plains, N.Y., the company generated $9 billion in 2007
sales.
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