ITT Corp. (ITT) Tops Q4 EPS by 8c, Revenue Misses, Offers Guidance
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ITT Corp. (ITT) Raises Quarterly Dividend 9.7% to $0.147; 1% Yield
February 22, 2019 6:52 AM ESTITT Corp. (NYSE: ITT) declared a quarterly dividend of $0.147 per share, or $0.588 annualized. This is a 9.7% increase from the prior dividend of $0.134.
The dividend will be payable on April 1, 2019, to stockholders of record on March 11, 2019, with an ex-dividend date of March 8,... More
UPDATE: ITT Corp. (ITT) Reports Agreement to Acquire Rheinhutte Pumpen Group
February 22, 2019 6:50 AM EST(Updated - February 22, 2019 6:51 AM EST)
ITT Inc. (NYSE: ITT) announced today that it has signed an agreement to acquire Rheinhütte Pumpen Group, a market-leading designer and manufacturer of centrifugal and axial flow pumps, from Aliaxis Group S.A.
The acquisition aligns with ITTs focused growth initiatives in target markets and will enhance the Industrial Process (IP) segments strategy with a complementary portfolio of centrifugal pump technologies suited to corrosive, abrasive and high-temperature industrial process environments. The acquisition will bolster IPs presence... More
