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ITT Declares Second-Quarter Dividend of 25 Cents Per Share

^{Published on 2010-05-11 14:05:19 - Market Wire}
 

WHITE PLAINS, N.Y.--([ BUSINESS WIRE ])--The Board of Directors of ITT Corporation (NYSE: ITT) today declared a cash dividend of 25 cents per share for the second quarter of 2010. This cash dividend will be payable July 1, 2010 to shareholders of record on May 21, 2010.

In February 2010, ITT raised its quarterly dividend by 18 percent from 21.25 cents per share to its current level of 25 cents per share.

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. [ www.itt.com ]