Illinois Tool Works Dividend Yield, History & Payout Ratio

$227.60
-3.02 (-1.31 %)
(As of 08/4/2021 03:59 PM ET)
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Today's Range
$227.55
$230.68
50-Day Range
$219.56
$235.81
52-Week Range
$184.27
$242.07
Volume29,157 shs
Average Volume819,298 shs
Market Capitalization$71.89 billion
P/E Ratio27.06
Dividend Yield2.02%
Beta1.08

Illinois Tool Works (NYSE:ITW) Dividend Information

Illinois Tool Works pays an annual dividend of $4.56 per share, with a dividend yield of 2.00%. ITW's most recent quarterly dividend payment was made to shareholders of record on Thursday, July 15. The company has grown its dividend for the last 50 consecutive years and is increasing its dividend by an average of 15.62% each year. Illinois Tool Works pays out 65.14% of its earnings out as a dividend.
ITW Most Recent Dividend7/15/2021
ITW Annual Dividend$4.56
ITW Dividend Yield2.00%
ITW Three Year Dividend Growth54.55%
ITW Payout Ratio65.14% (Trailing 12 Months of Earnings)
53.08% (Based on This Year's Estimates)
48.77% (Based on Next Year's Estimates)
53.89% (Based on Cash Flow)
ITW Dividend Track Record50 Years of Consecutive Dividend Growth
ITW Dividend FrequencyQuarterly Dividend
ITW Most Recent Increase$0.07 increase on 8/7/2020

Dividend Payments by Month (or Quarter)


Illinois Tool Works (NYSE:ITW) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2021quarterly$1.141.9%6/29/20216/30/20217/15/2021
2/12/2021quarterly$1.142.31%3/30/20213/31/20214/14/2021
10/30/2020Quarterly$1.142.26%12/30/202012/31/20201/14/2021
8/7/2020quarterly$1.142.4%9/29/20209/30/202010/14/2020
5/8/2020quarterly$1.072.68%6/29/20206/30/20207/15/2020
2/14/2020Quarterly$1.072.28%3/30/20203/31/20204/15/2020
10/28/2019Quarterly$1.072.51%12/30/201912/31/20191/15/2020
8/2/2019quarterly$1.072.83%9/27/20199/30/201910/9/2019
5/3/2019quarterly$1.002.55%6/27/20196/28/20197/10/2019
2/15/2019Quarterly$1.002.77%3/28/20193/29/20194/10/2019
11/1/2018quarterly$1.003.1%12/28/201812/31/20181/10/2019
8/3/2018quarterly$1.002.86%9/27/20189/28/201810/9/2018
5/4/2018quarterly$0.782.14%6/28/20186/29/20187/11/2018
2/15/2018quarterly$0.781.9203545269896%3/28/20183/30/20184/10/2018
10/27/2017quarterly$0.781.98%12/28/201712/29/20171/10/2018
8/4/2017quarterly$0.782.2%9/28/20179/29/201710/10/2017
5/5/2017quarterly$0.651.86%6/28/20176/30/20177/12/2017
2/10/2017quarterly$0.652.01%3/29/20173/31/20174/11/2017
10/28/2016quarterly$0.652.29%12/28/201612/30/20161/11/2017
8/5/2016quarterly$0.652.21%9/28/20169/30/201610/6/2016
5/6/2016quarterly$0.552.11%6/28/20166/30/20167/8/2016
2/12/2016quarterly$0.552.32%3/29/20163/31/20164/7/2016
10/30/2015quarterly$0.552.35%12/29/201512/31/20151/7/2016
8/7/2015quarterly$0.552.47%9/28/20159/30/201510/6/2015
5/8/2015quarterly$0.48502.03%6/26/20156/30/20157/7/2015
2/13/2015quarterly$0.48501.98%3/27/20153/31/20154/7/2015
10/31/2014quarterly$0.48502.13%12/29/201412/31/20141/6/2015
8/8/2014quarterly$0.48502.29%9/26/20149/30/201410/7/2014
5/2/2014quarterly$0.421.96%6/26/20146/30/20147/8/2014
2/14/2014quarterly$0.422.1%3/27/20143/31/20144/8/2014
11/1/2013quarterly$0.422.12%12/27/201312/31/20131/7/2014
8/2/2013quarterly$0.422.28%9/26/20139/30/201310/8/2013
5/3/2013quarterly$0.382.31%6/26/20136/28/20137/9/2013
2/15/2013quarterly$0.382.37%3/26/20133/28/20134/9/2013
(Data available from 1/1/2013 forward)
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Illinois Tool Works (NYSE:ITW) Dividend Frequently Asked Questions

What is Illinois Tool Works's dividend yield?

The current dividend yield for Illinois Tool Works (NYSE:ITW) is 2.00%. Learn more on ITW's dividend yield history

How much is Illinois Tool Works's annual dividend?

The annual dividend for Illinois Tool Works (NYSE:ITW) is $4.56. Learn more on ITW's dividend details

How often does Illinois Tool Works pay dividends?

Illinois Tool Works (NYSE:ITW) pays quarterly dividends to shareholders.

When was Illinois Tool Works's most recent dividend payment?

Illinois Tool Works's most recent quarterly dividend payment of $1.14 per share was made to shareholders on Thursday, July 15, 2021.

Is Illinois Tool Works's dividend growing?

Over the past three years, Illinois Tool Works's dividend has grown by 54.55%.

What track record does Illinois Tool Works have of raising its dividend?

Illinois Tool Works (NYSE:ITW) has increased its dividend for the past 50 consecutive years.

When did Illinois Tool Works last increase or decrease its dividend?

The most recent change in Illinois Tool Works's dividend was an increase of $0.07 on Friday, August 7, 2020.

What is Illinois Tool Works's dividend payout ratio?

The dividend payout ratio for ITW is:
  • 65.14% based on the trailing year of earnings
  • 53.08% based on this year's estimates
  • 48.77% based on next year's estimates
  • 53.89% based on cash flow
This page was last updated on 8/4/2021 by MarketBeat.com Staff
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