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Illinois Tool Works (ITW) Dividend Yield, Date & History

Illinois Tool Works logo
$275.47 +9.04 (+3.39%)
(As of 11/6/2024 ET)

Dividend Summary

Dividend Yield
2.18%
Annual Dividend
$6.00
Dividend Increase
Track Record
55 Years
Annualized 3-Year
Dividend Growth
7.03%
Dividend Payout Ratio
51.90%
Next
Dividend Payment
Jan. 10
Skip Charts & View Dividend History

Illinois Tool Works vs. The Competition

TypeIllinois Tool WorksIndustrial CompaniesNYSE Companies
Annual Dividend$6.00$1.28$1.43
Dividend Yield2.17%203.10%356.34%
Annualized 3-Year Dividend Growth7.03%12.35%15.72%
Track Record55 years30 years25 years

Illinois Tool Works Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings51.90%
Based on This Year's Estimates55.81%
Based on Next Year's Estimates56.13%
Based on Cashflow51.00%

Illinois Tool Works Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$1.502.35%12/31/202412/31/20241/10/2025
8/2/2024quarterly$1.502.5%9/30/20249/30/202410/11/2024
5/3/2024quarterly$1.402.3%6/28/20246/28/20247/11/2024
2/9/2024quarterly$1.402.21%3/27/20243/29/20244/11/2024
10/26/2023Quarterly$1.402.5%12/28/202312/29/20231/11/2024
8/4/2023quarterly$1.402.25%9/28/20239/29/202310/12/2023
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5/5/2023quarterly$1.312.28%6/29/20236/30/20237/13/2023
2/10/2023quarterly$1.312.24%3/30/20233/31/20234/13/2023
10/28/2022quarterly$1.312.5%12/29/202212/30/20221/12/2023
8/5/2022quarterly$1.312.5%9/29/20229/30/202210/14/2022
5/6/2022quarterly$1.222.35%6/29/20226/30/20227/14/2022
2/11/2022quarterly$1.222.21%3/30/20223/31/20224/14/2022
10/29/2021quarterly$1.222.14%12/30/202112/31/20211/14/2022
8/6/2021quarterly$1.222.14%9/29/20219/30/202110/14/2021
5/10/2021quarterly$1.141.9%6/29/20216/30/20217/15/2021
2/12/2021quarterly$1.142.31%3/30/20213/31/20214/14/2021
10/30/2020Quarterly$1.142.26%12/30/202012/31/20201/14/2021
8/7/2020quarterly$1.142.4%9/29/20209/30/202010/14/2020
5/8/2020quarterly$1.072.68%6/29/20206/30/20207/15/2020
2/14/2020Quarterly$1.072.28%3/30/20203/31/20204/15/2020
10/28/2019Quarterly$1.072.51%12/30/201912/31/20191/15/2020
8/2/2019quarterly$1.072.83%9/27/20199/30/201910/9/2019
5/3/2019quarterly$1.002.55%6/27/20196/28/20197/10/2019
2/15/2019Quarterly$1.002.77%3/28/20193/29/20194/10/2019
11/1/2018quarterly$1.003.1%12/28/201812/31/20181/10/2019
8/3/2018quarterly$1.002.86%9/27/20189/28/201810/9/2018
5/4/2018quarterly$0.782.14%6/28/20186/29/20187/11/2018
2/15/2018quarterly$0.781.9203545269896%3/28/20183/30/20184/10/2018
10/27/2017quarterly$0.781.98%12/28/201712/29/20171/10/2018
8/4/2017quarterly$0.782.2%9/28/20179/29/201710/10/2017
5/5/2017quarterly$0.651.86%6/28/20176/30/20177/12/2017
2/10/2017quarterly$0.652.01%3/29/20173/31/20174/11/2017
10/28/2016quarterly$0.652.29%12/28/201612/30/20161/11/2017
8/5/2016quarterly$0.652.21%9/28/20169/30/201610/6/2016
5/6/2016quarterly$0.552.11%6/28/20166/30/20167/8/2016
2/12/2016quarterly$0.552.32%3/29/20163/31/20164/7/2016
10/30/2015quarterly$0.552.35%12/29/201512/31/20151/7/2016
8/7/2015quarterly$0.552.47%9/28/20159/30/201510/6/2015
5/8/2015quarterly$0.48502.03%6/26/20156/30/20157/7/2015
2/13/2015quarterly$0.48501.98%3/27/20153/31/20154/7/2015
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10/31/2014quarterly$0.48502.13%12/29/201412/31/20141/6/2015
8/8/2014quarterly$0.48502.29%9/26/20149/30/201410/7/2014
5/2/2014quarterly$0.421.96%6/26/20146/30/20147/8/2014
2/14/2014quarterly$0.422.1%3/27/20143/31/20144/8/2014
11/1/2013quarterly$0.422.12%12/27/201312/31/20131/7/2014
8/2/2013quarterly$0.422.28%9/26/20139/30/201310/8/2013
5/3/2013quarterly$0.382.31%6/26/20136/28/20137/9/2013
2/15/2013quarterly$0.382.37%3/26/20133/28/20134/9/2013
(Data available from 1/1/2013 forward)

Illinois Tool Works Dividend - Frequently Asked Questions

What is Illinois Tool Works's dividend yield?

The current dividend yield for Illinois Tool Works is 2.18%. Learn more on ITW's dividend yield history.

How much is Illinois Tool Works's annual dividend?

The annual dividend for ITW shares is $6.00. Learn more on ITW's annual dividend history.

How often does Illinois Tool Works pay dividends?

Illinois Tool Works pays quarterly dividends to shareholders.

When is Illinois Tool Works's next dividend payment?

Illinois Tool Works's next quarterly dividend payment of $1.50 per share will be made to shareholders on Friday, January 10, 2025.

When was Illinois Tool Works's most recent dividend payment?

Illinois Tool Works's most recent quarterly dividend payment of $1.50 per share was made to shareholders on Friday, October 11, 2024.

When is Illinois Tool Works's ex-dividend date?

Illinois Tool Works's next ex-dividend date is Tuesday, December 31, 2024.

When was Illinois Tool Works's most recent ex-dividend date?

Illinois Tool Works's most recent ex-dividend date was Monday, September 30, 2024.

Is Illinois Tool Works's dividend growing?

Over the past three years, the company's dividend has grown by an average of 7.03% per year.

What track record does Illinois Tool Works have of raising its dividend?

Illinois Tool Works has increased its dividend for the past 55 consecutive years.

When did Illinois Tool Works last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.10 on Friday, August 2, 2024.

What is Illinois Tool Works's dividend payout ratio?
The dividend payout ratio for ITW is:
  • 51.90% based on the trailing year of earnings
  • 55.81% based on this year's estimates
  • 56.13% based on next year's estimates
  • 51.25% based on cash flow
Is Illinois Tool Works a good dividend stock?

Illinois Tool Works' dividend yield of 2.28% is higher than the average Industrial Products company that issues a dividend. The company's 55 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Illinois Tool Works' dividend payout ratio of 51.90% is at a healthy, sustainable level, below 75% of its earnings.


This page (NYSE:ITW) was last updated on 11/6/2024 by MarketBeat.com Staff
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