Illinois Tool Works (ITW) Dividend Yield, Date & History $247.49 +3.66 (+1.50%) (As of 07/26/2024 ET) Add Compare Share Share DividendStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Dividend SummaryDividend Yield2.26%Annual Dividend$5.60Dividend Increase Track Record 54 YearsAnnualized 3-Year Dividend Growth 7.03%Dividend Payout Ratio 55.23% Recent Dividend Payment Jul. 11 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. Email Address Skip Charts & View Dividend HistoryITW Dividend PaymentsOpen Illinois Tool Works in Dividend Calculator ITW Dividend Yield Over Time Open Illinois Tool Works in Dividend Yield Calculator Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. Illinois Tool Works vs. The CompetitionTypeIllinois Tool WorksIndustrial CompaniesNYSE CompaniesAnnual Dividend$5.60$1.35$1.54Dividend Yield2.26%205.78%350.91%Annualized 3-Year Dividend Growth7.03%1,172.11%1,555.21%Track Record54 years28 years23 yearsIllinois Tool Works Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings55.23%Based on This Year's Estimates55.12%Based on Next Year's Estimates51.85%Based on Cashflow48.42% Illinois Tool Works Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date5/3/2024quarterly$1.402.3%6/28/20246/28/20247/11/20242/9/2024quarterly$1.402.21%3/27/20243/29/20244/11/202410/26/2023Quarterly$1.402.5%12/28/202312/29/20231/11/20248/4/2023quarterly$1.402.25%9/28/20239/29/202310/12/20235/5/2023quarterly$1.312.28%6/29/20236/30/20237/13/20232/10/2023quarterly$1.312.24%3/30/20233/31/20234/13/2023 Get Dividend Updates for Companies Like Illinois Tool WorksEnter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. 10/28/2022quarterly$1.312.5%12/29/202212/30/20221/12/20238/5/2022quarterly$1.312.5%9/29/20229/30/202210/14/20225/6/2022quarterly$1.222.35%6/29/20226/30/20227/14/20222/11/2022quarterly$1.222.21%3/30/20223/31/20224/14/202210/29/2021quarterly$1.222.14%12/30/202112/31/20211/14/20228/6/2021quarterly$1.222.14%9/29/20219/30/202110/14/20215/10/2021quarterly$1.141.9%6/29/20216/30/20217/15/20212/12/2021quarterly$1.142.31%3/30/20213/31/20214/14/202110/30/2020Quarterly$1.142.26%12/30/202012/31/20201/14/20218/7/2020quarterly$1.142.4%9/29/20209/30/202010/14/20205/8/2020quarterly$1.072.68%6/29/20206/30/20207/15/20202/14/2020Quarterly$1.072.28%3/30/20203/31/20204/15/202010/28/2019Quarterly$1.072.51%12/30/201912/31/20191/15/20208/2/2019quarterly$1.072.83%9/27/20199/30/201910/9/20195/3/2019quarterly$1.002.55%6/27/20196/28/20197/10/20192/15/2019Quarterly$1.002.77%3/28/20193/29/20194/10/201911/1/2018quarterly$1.003.1%12/28/201812/31/20181/10/20198/3/2018quarterly$1.002.86%9/27/20189/28/201810/9/20185/4/2018quarterly$0.782.14%6/28/20186/29/20187/11/20182/15/2018quarterly$0.781.9203545269896%3/28/20183/30/20184/10/201810/27/2017quarterly$0.781.98%12/28/201712/29/20171/10/20188/4/2017quarterly$0.782.2%9/28/20179/29/201710/10/20175/5/2017quarterly$0.651.86%6/28/20176/30/20177/12/20172/10/2017quarterly$0.652.01%3/29/20173/31/20174/11/201710/28/2016quarterly$0.652.29%12/28/201612/30/20161/11/20178/5/2016quarterly$0.652.21%9/28/20169/30/201610/6/20165/6/2016quarterly$0.552.11%6/28/20166/30/20167/8/20162/12/2016quarterly$0.552.32%3/29/20163/31/20164/7/201610/30/2015quarterly$0.552.35%12/29/201512/31/20151/7/20168/7/2015quarterly$0.552.47%9/28/20159/30/201510/6/20155/8/2015quarterly$0.48502.03%6/26/20156/30/20157/7/20152/13/2015quarterly$0.48501.98%3/27/20153/31/20154/7/201510/31/2014quarterly$0.48502.13%12/29/201412/31/20141/6/20158/8/2014quarterly$0.48502.29%9/26/20149/30/201410/7/2014“Generational Bull Run” Incoming (Ad)LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 5/2/2014quarterly$0.421.96%6/26/20146/30/20147/8/20142/14/2014quarterly$0.422.1%3/27/20143/31/20144/8/201411/1/2013quarterly$0.422.12%12/27/201312/31/20131/7/20148/2/2013quarterly$0.422.28%9/26/20139/30/201310/8/20135/3/2013quarterly$0.382.31%6/26/20136/28/20137/9/20132/15/2013quarterly$0.382.37%3/26/20133/28/20134/9/2013(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 2.26%. 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 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, July 11, 2024. When was Illinois Tool Works's most recent ex-dividend date? Illinois Tool Works's most recent ex-dividend date was Friday, June 28, 2024. 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: 55.23% based on the trailing year of earnings 55.12% based on this year's estimates 51.85% based on next year's estimates 48.42% based on cash flow Is Illinois Tool Works a good dividend stock? Illinois Tool Works' dividend yield of 2.30% is higher than the average Industrial Products company that issues a dividend. The company's 54 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 55.23% is at a healthy, sustainable level, below 75% of its earnings. 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