Illinois Tool Works (ITW) Dividend Yield, Date & History $249.00 +1.72 (+0.70%) Closing price 03:59 PM EasternExtended Trading$248.99 -0.01 (-0.01%) As of 07:53 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Illinois Tool Works Dividend SummaryDividend Yield2.41%Annual Dividend$6.00Next Dividend Payment Jul. 11 Dividend Increase Track Record 55 YearsDividend Payout Ratio 52.77% Illinois Tool Works (ITW) pays an annual dividend of $6.00 per share, with a dividend yield of 2.41%. The next quarterly payment of $1.50 per share is scheduled for Friday, July 11, to investors who own the stock before the ex-dividend date of Monday, June 30. The company currently pays out 52.77% of its earnings and 55.13% of its cash flow as dividends. 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. Enter your email to sign up for newsletter Sign Up Skip Charts & View Dividend HistoryITW Dividend Payments by QuarterDividend Payments by Quarter Chart DescriptionThe chart below displays up to four years of Illinois Tool Works' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.Open Illinois Tool Works in Dividend Calculator ITW Dividend Yield Over TimeDividend Yield Over Time Chart DescriptionThe chart below tracks Illinois Tool Works' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.Open Illinois Tool Works in Dividend Yield Calculator Illinois Tool Works vs. The CompetitionCompare Illinois Tool Works' annual dividend, yield, and 3-year growth rate with averages for Industrials and NYSE companies to evaluate its performance against the market.TypeIllinois Tool WorksIndustrials CompaniesNYSE CompaniesAnnual Dividend$6.00$0.13$1.43Dividend Yield2.41%4.57%3.85%Annualized 3-Year Dividend Growth0.00%18.70%16.92%Track Record55 years17 years11 yearsIllinois Tool Works Dividend Payout RatioDividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.TypePayout RatioBased on Trailing 12 Months of Earnings52.77%Based on This Year's Estimate57.75%Based on Next Year's Estimate53.38%Based on Cashflow55.13% Illinois Tool Works Dividend History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years All Time Time Frame Start Date End Date AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date5/2/2025quarterly$1.50 - 2.48%6/30/20256/30/20257/11/20252/14/2025quarterly$1.50 - 2.31%3/31/20253/31/20254/10/202510/24/2024Quarterly$1.50 - 2.35%12/31/202412/31/20241/10/20258/2/2024quarterly$1.50+$0.107.14%2.5%9/30/20249/30/202410/11/20245/3/2024quarterly$1.40 - 2.3%6/28/20246/28/20247/11/2024 Get the Latest News and Ratings for ITW and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Illinois Tool Works and its competitors with MarketBeat's FREE daily newsletter. 2/9/2024quarterly$1.40 - 2.21%3/27/20243/29/20244/11/202410/26/2023Quarterly$1.40 - 2.5%12/28/202312/29/20231/11/20248/4/2023quarterly$1.40+$0.096.87%2.25%9/28/20239/29/202310/12/2023This table shows Illinois Tool Works' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time. Illinois Tool Works Dividend - Frequently Asked Questions What is Illinois Tool Works's dividend yield? The current dividend yield for Illinois Tool Works is 2.41%. 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, July 11, 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 Thursday, April 10, 2025. When is Illinois Tool Works's ex-dividend date? Illinois Tool Works's next ex-dividend date is Monday, June 30, 2025. When was Illinois Tool Works's most recent ex-dividend date? Illinois Tool Works's most recent ex-dividend date was Monday, March 31, 2025. 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: 52.77% based on the trailing year of earnings 57.75% based on this year's estimates 53.38% based on next year's estimates 55.13% based on cash flow Is Illinois Tool Works a good dividend stock? Illinois Tool Works' dividend yield of 2.44% is lower than the average Industrials 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 52.77% is at a healthy, sustainable level, below 75% of its earnings. Looking at the stock as a whole, market analysts rate Illinois Tool Works stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time. 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Q1 Results and Solid Dividend Make Bullish CaseDividends & Stability: 3 Consumer Staples Giants Boost Payouts More Dividend News This page (NYSE:ITW) was last updated on 6/10/2025 by MarketBeat.com Staff From Our PartnersBanks aren’t ready for this altcoin—are you?While everyone's distracted by Bitcoin's moves, a stealth revolution is underway. One altcoin is quietly po...Crypto 101 Media | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? Take your latest internet bill and light it on fire… then count the seconds it...Banyan Hill Publishing | SponsoredTrump’s Exec Order #14154 could be a “Millionaire-Maker”Former Presidential Advisor, Jim Rickards, says Trump could “rewire our economy and hand millions of Americans...Paradigm Press | SponsoredGet Ready for Elon Musk’s BIGGEST Comeback YetTesla's About to Prove Everyone Wrong... 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