WHITE PLAINS, N.Y., Feb. 13, 2015 – ITT Corporation (NYSE: ITT) announced today it will continue to return capital to shareowners by increasing its dividend by 7.5 percent to 11.83 cents per share. The ITT Board of Directors has approved the cash dividend for the first quarter of 2015, which will be payable on April 1, 2015, to shareholders of record as of the close of business on March 13, 2015.