ITT Inc. (NYSE:ITT – Get Free Report) declared a quarterly dividend on Thursday, August 6th. ITT has increased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 10 years. ITT has a payout ratio of 21.5% meaning its dividend is sufficiently covered by earnings. Norges Bank acquired a new stake in shares of ITT during the fourth quarter valued at approximately $194,884,000. ITT Company Profile(Get Free Report)ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets.