ITT Inc. (NYSE:ITT) will begin trading ex-dividend on September 10, 2020. The quarterly dividend payment of $ 0.169 per share is scheduled to be paid on October 5, 2020. The dividend yield based on the latest trading day closing price was 1.10 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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ITT Inc. recently reported second quarter financial results on July 31, 2020, before market open, the White Plains based company unwinded income for the second quarter of $ 0.57 per share, from the revenue of $ 514.70 million. The quarterly earnings declined 38.71 percent while revenues reduced 28.50 percent compared with the same quarter last year.
Wall street analysts are predicting, ITT to report 2Q20 income of $ 0.38 per share from revenue of $ 516.61 million. The bottom line results beat street analysts by $ 0.19 or 50.00 percent, at the same time, top line results fell short of analysts by $ 1.91 million or 0.37 percent.
Stock Performance
Shares of ITT Inc. traded low $ -1.70 or -2.70 percent on Tuesday, reaching $ 61.26 with volume of 555.60 thousand shares. ITT Inc. has traded high as $ 62.73 and has cracked $ 61.21 on the downward trend
According to the previous trading day, closing price of $ 61.26, representing a 77.80 % increase from the 52 week low of $ 35.41 and a 16.68 % decrease over the 52 week high of $ 75.56.
The company has a market capital of $ 5.29 billion and is part of the Industrials sector and Diversified Industrials industry.
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates in three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies.
