WHITE PLAINS, N.Y., October 6, 2009 — The Board of Directors of ITT Corporation (NYSE: ITT) today declared a cash dividend of 21.25 cents per share for the fourth quarter of 2009. This cash dividend will be payable January 1, 2010 to shareholders of record on November 13, 2009.
In February 2009, ITT's Board of Directors approved a 22 percent dividend increase over the 2008 quarterly dividend of 17.5 cents per share.
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 2008 sales of $11.7 billion. www.itt.com
Jim O'Leary
tel +1 917 449 8806
jim.o'leary@edelman.com
Thomas Scalera
tel +1 914 641 2030
thomas.scalera@itt.com