Daily Dividend Report: ITW, PSA, ECL, MGA, IR

This morning, Illinois Tool Works (NYSE:ITW) declared its quarterly dividend of 36 cents per share, an increase of about 6% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3.1% going forward.

Shares of ITW were lower on Friday, falling 0.9% so far.

In other dividend news, Public Storage (NYSE:PSA) maintained its quarterly dividend of 95 cents per share. Ecolab (NYSE:ECL) maintained its quarterly dividend of 17.5 cents per share. Magna International (NYSE:MGA) maintained its quarterly dividend of 25 cents per share. And Ingersoll Rand (NYSE:IR) maintained its quarterly dividend of 12 cents per share.

For MarketNewsVideo.com, I'm Sayoko Murase.

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