WHITE PLAINS, N.Y., July 27 /PRNewswire/ -- The Board of Directors of ITT
Industries, Inc. (NYSE: IIN) today declared a cash dividend of $0.15 per share
for the third quarter of 1999, payable October 1, 1999, to shareholders of
record on August 27, 1999.
ITT Industries, Inc. (http://www.ittind.com) is a global engineering and
manufacturing company with leading positions in the markets it serves,
generating 1998 sales of $4.5 billion. ITT Industries is the world's premier
supplier of pumps, systems and services to move and control water and other
fluids. The company is a major supplier of sophisticated military defense
systems, and provides advanced technical and operational services to a broad
range of government agencies. ITT Industries also produces connectors,
switches and cabling used in telecommunications, computing, aerospace and
industrial applications, as well as network services. Further, ITT Industries
makes industrial components for a number of other markets, including
transportation, construction and aerospace. Based in White Plains, NY, ITT
Industries employs approximately 33,000 people around the world.
In addition to the New York Stock Exchange, ITT Industries' common stock
is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges.
ITT Industries and its subsidiaries' news releases are available at no
charge via fax and the Internet. For ITT Industries news and information on
the Internet, visit http://www.ittind.com. To receive releases by fax, call
800-758-5804, extension 110006.
SOURCE ITT Industries, Inc.
Web site: http://www.ittind.com
Company News On-Call: http://www.prnewswire.com/comp/110006.html
or fax, 800-758-5804, ext. 110006
CONTACT: Tom Glover of ITT Industries, Inc., 914-641-2160