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

$255.75

+1.24 (+0.49%)

(As of 02/9/2024 08:56 PM ET)

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Dividend Yield: 2.19%
Annual Dividend: $5.60
Dividend Increase Track Record: 54 Years
Annualized 3-Year Dividend Growth: 7.03%
Dividend Payout Ratio: 57.49%
Next Dividend Payment: Apr. 11

ITW Dividend Payments

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ITW Dividend Yield Over Time

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Illinois Tool Works vs. The Competition

Type	Illinois Tool Works	Industrial Companies	NYSE Companies
Annual Dividend	$5.60	$1.37	$1.45
Dividend Yield	2.19%	203.14%	361.36%
Annualized 3-Year Dividend Growth	7.03%	967.92%	1,253.84%
Track Record	54 years	17 years	10 years

Illinois Tool Works Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	57.49%
Based on This Year's Estimates	55.34%
Based on Next Year's Estimates	51.42%
Based on Cashflow	54.68%

Illinois Tool Works Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/9/2024	quarterly	$1.40	2.21%		3/29/2024	4/11/2024
10/26/2023	Quarterly	$1.40	2.5%	12/28/2023	12/29/2023	1/11/2024
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
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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
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 2.19%. Learn more on ITW's dividend yield history.
How much is Illinois Tool Works's annual dividend?: The annual dividend for ITW shares is $5.60. 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, April 11, 2024.
When was Illinois Tool Works's most recent dividend payment?: Illinois Tool Works's most recent quarterly dividend payment of $1.40 per share was made to shareholders on Thursday, January 11, 2024.
When is Illinois Tool Works's ex-dividend date?: Illinois Tool Works's next ex-dividend date is Friday, January 1, 2100.

When was Illinois Tool Works's most recent ex-dividend date?: Illinois Tool Works's most recent ex-dividend date was Thursday, December 28, 2023.
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 54 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:
57.49% based on the trailing year of earnings

55.34% based on this year's estimates

51.42% based on next year's estimates

54.68% based on cash flow

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This page (NYSE:ITW) was last updated on 2/12/2024 by MarketBeat.com Staff

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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

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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