ITT Industries Increases Dividend


The Board of Directors of ITT Industries, Inc. today voted to increase the quarterly dividend 6 percent to $0.17 per share, and declared a cash dividend of $0.17 per share for the first quarter of 2004, payable April 1, 2004, to shareholders of record on March 12, 2004.

The Board also voted to set the annual meeting for ITT Industries shareholders. The meeting will be held on Tuesday, May 11, 2004, at 10:30 a.m. EDT at Tappan Hill, 81 Highland Avenue, Tarrytown, New York.

All shareholders of record as of March 19, 2004 are invited to attend.

Source: ITT Inc.

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