NYSE:ITW

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

$237.43

-4.37 (-1.81%)

(As of 08/11/2023 08:48 PM ET)

Compare

Today's Range: $236.95
▼
$241.72
50-Day Range: $225.60
▼
$263.32
52-Week Range: $180.27
▼
$264.19

Volume: 1.89 million shs
Average Volume: 1.10 million shs
Market Capitalization: $71.80 billion

P/E Ratio: 23.48
Dividend Yield: 2.21%
Price Target: $236.75

Dividend Yield: 2.21%
Annual Dividend: $5.24
Dividend Increase Track Record: 60 Years
Annualized 3-Year Dividend Growth: 6.92%
Dividend Payout Ratio: 51.83%
Next Dividend Payment: Oct. 12

ITW Dividend Payments

Open Illinois Tool Works in Dividend Calculator →

ITW Dividend Yield Over Time

Open Illinois Tool Works in Dividend Yield Calculator →

Illinois Tool Works vs. The Competition

Type	Illinois Tool Works	Industrial Companies	NYSE Companies
Annual Dividend	$5.24	$1.41	$1.55
Dividend Yield	2.21%	2.05%	3.66%
Annualized 3-Year Dividend Growth	6.92%	8.66%	5.91%
Track Record	60 years	17 years	9 years

Illinois Tool Works Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	51.83%
Based on This Year's Estimates	53.80%
Based on Next Year's Estimates	51.12%
Based on Cashflow	49.41%

Illinois Tool Works Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/4/2023	quarterly	$1.40	2.25%	9/28/2023	9/29/2023	10/12/2023
5/5/2023	quarterly	$1.31	2.28%	6/29/2023	6/30/2023	7/13/2023
2/10/2023	quarterly	$1.31	2.24%	3/30/2023	3/31/2023	4/13/2023
10/28/2022	quarterly	$1.31	2.5%	12/29/2022	12/30/2022	1/12/2023
8/5/2022	quarterly	$1.31	2.5%	9/29/2022	9/30/2022	10/14/2022
5/6/2022	quarterly	$1.22	2.35%	6/29/2022	6/30/2022	7/14/2022
Get Dividend Stock Ideas Daily Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.
2/11/2022	quarterly	$1.22	2.21%	3/30/2022	3/31/2022	4/14/2022
10/29/2021	quarterly	$1.22	2.14%	12/30/2021	12/31/2021	1/14/2022
8/6/2021	quarterly	$1.22	2.14%	9/29/2021	9/30/2021	10/14/2021
5/10/2021	quarterly	$1.14	1.9%	6/29/2021	6/30/2021	7/15/2021
2/12/2021	quarterly	$1.14	2.31%	3/30/2021	3/31/2021	4/14/2021
10/30/2020	Quarterly	$1.14	2.26%	12/30/2020	12/31/2020	1/14/2021
8/7/2020	quarterly	$1.14	2.4%	9/29/2020	9/30/2020	10/14/2020
5/8/2020	quarterly	$1.07	2.68%	6/29/2020	6/30/2020	7/15/2020
2/14/2020	Quarterly	$1.07	2.28%	3/30/2020	3/31/2020	4/15/2020
10/28/2019	Quarterly	$1.07	2.51%	12/30/2019	12/31/2019	1/15/2020
8/2/2019	quarterly	$1.07	2.83%	9/27/2019	9/30/2019	10/9/2019
5/3/2019	quarterly	$1.00	2.55%	6/27/2019	6/28/2019	7/10/2019
2/15/2019	Quarterly	$1.00	2.77%	3/28/2019	3/29/2019	4/10/2019
11/1/2018	quarterly	$1.00	3.1%	12/28/2018	12/31/2018	1/10/2019
8/3/2018	quarterly	$1.00	2.86%	9/27/2018	9/28/2018	10/9/2018
5/4/2018	quarterly	$0.78	2.14%	6/28/2018	6/29/2018	7/11/2018
2/15/2018	quarterly	$0.78	1.9203545269896%	3/28/2018	3/30/2018	4/10/2018
10/27/2017	quarterly	$0.78	1.98%	12/28/2017	12/29/2017	1/10/2018
8/4/2017	quarterly	$0.78	2.2%	9/28/2017	9/29/2017	10/10/2017
5/5/2017	quarterly	$0.65	1.86%	6/28/2017	6/30/2017	7/12/2017
2/10/2017	quarterly	$0.65	2.01%	3/29/2017	3/31/2017	4/11/2017
10/28/2016	quarterly	$0.65	2.29%	12/28/2016	12/30/2016	1/11/2017
8/5/2016	quarterly	$0.65	2.21%	9/28/2016	9/30/2016	10/6/2016
5/6/2016	quarterly	$0.55	2.11%	6/28/2016	6/30/2016	7/8/2016
2/12/2016	quarterly	$0.55	2.32%	3/29/2016	3/31/2016	4/7/2016
10/30/2015	quarterly	$0.55	2.35%	12/29/2015	12/31/2015	1/7/2016
8/7/2015	quarterly	$0.55	2.47%	9/28/2015	9/30/2015	10/6/2015
5/8/2015	quarterly	$0.4850	2.03%	6/26/2015	6/30/2015	7/7/2015
2/13/2015	quarterly	$0.4850	1.98%	3/27/2015	3/31/2015	4/7/2015
10/31/2014	quarterly	$0.4850	2.13%	12/29/2014	12/31/2014	1/6/2015
8/8/2014	quarterly	$0.4850	2.29%	9/26/2014	9/30/2014	10/7/2014
5/2/2014	quarterly	$0.42	1.96%	6/26/2014	6/30/2014	7/8/2014
2/14/2014	quarterly	$0.42	2.1%	3/27/2014	3/31/2014	4/8/2014
11/1/2013	quarterly	$0.42	2.12%	12/27/2013	12/31/2013	1/7/2014

8/2/2013	quarterly	$0.42	2.28%	9/26/2013	9/30/2013	10/8/2013
5/3/2013	quarterly	$0.38	2.31%	6/26/2013	6/28/2013	7/9/2013
2/15/2013	quarterly	$0.38	2.37%	3/26/2013	3/28/2013	4/9/2013

(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 2.21%. Learn more on ITW's dividend yield history.
How much is Illinois Tool Works's annual dividend?: The annual dividend for ITW shares is $5.24. 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 $1.40 per share will be made to shareholders on Thursday, October 12, 2023.
When was Illinois Tool Works's most recent dividend payment?: Illinois Tool Works's most recent quarterly dividend payment of $1.31 per share was made to shareholders on Thursday, July 13, 2023.
When is Illinois Tool Works's ex-dividend date?: Illinois Tool Works's next ex-dividend date is Thursday, September 28, 2023.

When was Illinois Tool Works's most recent ex-dividend date?: Illinois Tool Works's most recent ex-dividend date was Thursday, June 29, 2023.
Is Illinois Tool Works's dividend growing?: Over the past three years, the company's dividend has grown by an average of 6.92% per year.
What track record does Illinois Tool Works have of raising its dividend?: Illinois Tool Works has increased its dividend for the past 60 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 $0.09 on Friday, August 4, 2023.
What is Illinois Tool Works's dividend payout ratio?: The dividend payout ratio for ITW is:
51.83% based on the trailing year of earnings

53.80% based on this year's estimates

51.12% based on next year's estimates

49.41% based on cash flow

More Dividend Resources from MarketBeat

Related Companies:

Dividend Tools:

Stock Lists:

Latest Articles:

This page (NYSE:ITW) was last updated on 8/14/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

ITW Dividend Payments

ITW Dividend Yield Over Time

Illinois Tool Works vs. The Competition

Illinois Tool Works Dividend Payout Ratio

Illinois Tool Works Dividend History by Quarter

Illinois Tool Works Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat

About MarketBeat

Popular Tools

Financial Calendars

Terms & Info

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

Dividend Summary

ITW Dividend Payments

ITW Dividend Yield Over Time

Illinois Tool Works vs. The Competition

Illinois Tool Works Dividend Payout Ratio

Illinois Tool Works Dividend History by Quarter

Illinois Tool Works Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat