Illinois Tool Works (ITW) Dividend Yield, Date & History $270.93 +1.06 (+0.39%) (As of 10:00 AM ET) Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Dividend SummaryDividend Yield2.21%Annual Dividend$6.00Dividend Increase Track Record 55 YearsAnnualized 3-Year Dividend Growth 7.03%Dividend Payout Ratio 51.90% Next Dividend Payment Jan. 10 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistoryITW Dividend PaymentsOpen Illinois Tool Works in Dividend Calculator ITW Dividend Yield Over Time Open Illinois Tool Works in Dividend Yield Calculator Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here Illinois Tool Works vs. The CompetitionTypeIllinois Tool WorksIndustrial CompaniesNYSE CompaniesAnnual Dividend$6.00$1.30$1.55Dividend Yield2.22%198.58%349.50%Annualized 3-Year Dividend Growth7.03%12.51%15.71%Track Record55 years32 years24 yearsIllinois Tool Works Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings51.90%Based on This Year's Estimates59.29%Based on Next Year's Estimates56.29%Based on Cashflow54.27% Illinois Tool Works Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date10/24/2024Quarterly$1.502.35%12/31/202412/31/20241/10/20258/2/2024quarterly$1.502.5%9/30/20249/30/202410/11/20245/3/2024quarterly$1.402.3%6/28/20246/28/20247/11/20242/9/2024quarterly$1.402.21%3/27/20243/29/20244/11/202410/26/2023Quarterly$1.402.5%12/28/202312/29/20231/11/20248/4/2023quarterly$1.402.25%9/28/20239/29/202310/12/2023Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…Get Your Free Gold Guide5/5/2023quarterly$1.312.28%6/29/20236/30/20237/13/20232/10/2023quarterly$1.312.24%3/30/20233/31/20234/13/202310/28/2022quarterly$1.312.5%12/29/202212/30/20221/12/20238/5/2022quarterly$1.312.5%9/29/20229/30/202210/14/20225/6/2022quarterly$1.222.35%6/29/20226/30/20227/14/20222/11/2022quarterly$1.222.21%3/30/20223/31/20224/14/202210/29/2021quarterly$1.222.14%12/30/202112/31/20211/14/20228/6/2021quarterly$1.222.14%9/29/20219/30/202110/14/20215/10/2021quarterly$1.141.9%6/29/20216/30/20217/15/20212/12/2021quarterly$1.142.31%3/30/20213/31/20214/14/202110/30/2020Quarterly$1.142.26%12/30/202012/31/20201/14/20218/7/2020quarterly$1.142.4%9/29/20209/30/202010/14/20205/8/2020quarterly$1.072.68%6/29/20206/30/20207/15/20202/14/2020Quarterly$1.072.28%3/30/20203/31/20204/15/202010/28/2019Quarterly$1.072.51%12/30/201912/31/20191/15/20208/2/2019quarterly$1.072.83%9/27/20199/30/201910/9/20195/3/2019quarterly$1.002.55%6/27/20196/28/20197/10/20192/15/2019Quarterly$1.002.77%3/28/20193/29/20194/10/201911/1/2018quarterly$1.003.1%12/28/201812/31/20181/10/20198/3/2018quarterly$1.002.86%9/27/20189/28/201810/9/20185/4/2018quarterly$0.782.14%6/28/20186/29/20187/11/20182/15/2018quarterly$0.781.9203545269896%3/28/20183/30/20184/10/201810/27/2017quarterly$0.781.98%12/28/201712/29/20171/10/20188/4/2017quarterly$0.782.2%9/28/20179/29/201710/10/20175/5/2017quarterly$0.651.86%6/28/20176/30/20177/12/20172/10/2017quarterly$0.652.01%3/29/20173/31/20174/11/201710/28/2016quarterly$0.652.29%12/28/201612/30/20161/11/20178/5/2016quarterly$0.652.21%9/28/20169/30/201610/6/20165/6/2016quarterly$0.552.11%6/28/20166/30/20167/8/20162/12/2016quarterly$0.552.32%3/29/20163/31/20164/7/201610/30/2015quarterly$0.552.35%12/29/201512/31/20151/7/20168/7/2015quarterly$0.552.47%9/28/20159/30/201510/6/20155/8/2015quarterly$0.48502.03%6/26/20156/30/20157/7/20152/13/2015quarterly$0.48501.98%3/27/20153/31/20154/7/2015Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…Get Your Free Gold Guide10/31/2014quarterly$0.48502.13%12/29/201412/31/20141/6/20158/8/2014quarterly$0.48502.29%9/26/20149/30/201410/7/20145/2/2014quarterly$0.421.96%6/26/20146/30/20147/8/20142/14/2014quarterly$0.422.1%3/27/20143/31/20144/8/201411/1/2013quarterly$0.422.12%12/27/201312/31/20131/7/20148/2/2013quarterly$0.422.28%9/26/20139/30/201310/8/20135/3/2013quarterly$0.382.31%6/26/20136/28/20137/9/20132/15/2013quarterly$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 2.22%. 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 59.29% based on this year's estimates 56.29% based on next year's estimates 54.27% based on cash flow Is Illinois Tool Works a good dividend stock? Illinois Tool Works' dividend yield of 2.20% 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. 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