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NYSE: ITW
Illinois Tool Works Inc Stock Dividend Yield & Dates

ITW dividend stability and growth

Last Dividend per share
$1.4000
Forward Dividend yield
2.36%
ITW's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
ITW dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

ITW dividend yield vs industry/market

Company
2.25%
Industry
1.18%
ITW dividends (2.25%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
ITW dividends (2.25%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

ITW dividend payout ratio

Illinois Tool Works Inc paid out 54.2% of its earnings over the trailing twelve months.
Retained earnings
45.8%
Payout ratio
54.2%
ITW earnings ($3.06B) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

ITW vs Specialty Industrial Machinery Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
ITW2.25%Yes0+54.20%
PH1.11%Yes0+27.50%
EMR1.80%Yes0+11.10%
CMI2.25%Yes0+48.20%
OTIS0.34%0+19.50%

ITW dividend dates

Last dividend payment date
Jul 11, 2024
Last ex-dividend date
Jun 28, 2024

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Illinois Tool Works Dividends FAQ

Does Illinois Tool Works pay a dividend?

Yes, ITW has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Illinois Tool Works stock.

What is Illinois Tool Works's Dividend Payment Date?

Illinois Tool Works's last dividend payment date was on 2024-07-11, when Illinois Tool Works shareholders who owned ITW shares before 2024-06-28 received a dividend payment of $1.4000 per share. Illinois Tool Works's next dividend payment date has not been announced yet. Add ITW to your watchlist to be reminded of ITW's next dividend payment.

Is Illinois Tool Works's dividend stable?

Yes, ITW's dividend has been stable for the last 10 years.

Does Illinois Tool Works have sufficient earnings to cover their dividend?

Yes, ITW's past year earnings per share was $10.17, and their annual dividend per share is $5.60. ITW's dividend payout ratio is 54.2%, which is sustainable.

How much is Illinois Tool Works's dividend?

ITW pays a dividend of $5.60 per share. ITW's annual dividend yield is 2.25%. Illinois Tool Works's dividend is higher than the US industry average of 1.18%, and it is lower than the US market average of 3.37%.

What is Illinois Tool Works's Ex-Dividend Date?

Illinois Tool Works's previous ex-dividend date was on 2024-06-28. Illinois Tool Works shareholders who own ITW stock before this date received Illinois Tool Works's last dividend payment of $1.4000 per share on 2024-07-11. Illinois Tool Works's next ex-dividend date has not been announced yet. Add ITW to your watchlist to be reminded before ITW's ex-dividend date.

Is Illinois Tool Works's dividend showing long-term growth?

Yes, ITW's' dividend has been growing over the last 10 years.
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