ITW Dividend History - Illinois Tool Works

Track the latest ITW dividend history: 2.27% Dividend Yield, 5.58% Annual Growth - Explore ITW's complete dividend history

Yield 12m 2.27%
Cash Amount 12m 5.80
Dividend Growth 5y avg 5.58%
Dividend Rating 64.98%
Yield on Cost 5y 5.52%
Payout Ratio 51.6%
Payout Frequency 12m 4
Payout Consistency 99.5%
Total Return 12m: -1.57%
#101 in Group
Total Return 5y: 143.78%
#65 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Industrial Machinery & Supplies & Components

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
ITW 77,810m 2.27% 5.52%
HUSQ-B 3,050m 6.58% 10.9%
TREL-B 9,595m 3.54% 15.9%
GF 6,609m 3.88% 12.8%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
ITW 77,810m 5.58% 65.0%
TROAX 1,112m 30.3% 65.4%
TREL-B 9,595m 23.0% 78.9%
VACN 11,449m 25.6% 63.9%

ITW Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-12-31 2024-12-31 2025-01-10 Quarterly 1.5 0.59%
2024-09-30 2024-09-30 2024-10-11 Quarterly 1.5 7.1% 0.57%
2024-06-28 2024-06-28 2024-07-11 Quarterly 1.4 0.59%
2024-03-27 2024-03-29 2024-04-11 Quarterly 1.4 0.53%
2023-12-28 2023-12-29 2024-01-11 Quarterly 1.4 0.53%
2023-09-28 2023-09-29 2023-10-12 Quarterly 1.4 6.9% 0.61%
2023-06-29 2023-06-30 2023-07-13 Quarterly 1.31 0.53%
2023-03-30 2023-03-31 2023-04-13 Quarterly 1.31 0.55%
2022-12-29 2022-12-30 2023-01-12 Quarterly 1.31 0.59%
2022-09-29 2022-09-30 2022-10-14 Quarterly 1.31 7.4% 0.71%
2022-06-29 2022-06-30 2022-07-14 Quarterly 1.22 0.67%
2022-03-30 2022-03-31 2022-04-14 Quarterly 1.22 0.56%
2021-12-30 2021-12-31 2022-01-14 Quarterly 1.22 0.5%
2021-09-29 2021-09-30 2021-10-14 Quarterly 1.22 7% 0.57%
2021-06-29 2021-06-30 2021-07-15 Quarterly 1.14 0.51%
2021-03-30 2021-03-31 2021-04-14 Quarterly 1.14 0.51%
2020-12-30 2020-12-31 2021-01-14 Quarterly 1.14 0.57%
2020-09-29 2020-09-30 2020-10-14 Quarterly 1.14 6.5% 0.59%
2020-06-29 2020-06-30 2020-07-15 Quarterly 1.07 0.63%
2020-03-30 2020-03-31 2020-04-15 Quarterly 1.07 0.75%
2019-12-30 2019-12-31 2020-01-15 Quarterly 1.07
2019-09-27 2019-09-30 2019-10-09 Quarterly 1.07 7%
2019-06-27 2019-06-28 2019-07-10 Quarterly 1
2019-03-28 2019-03-29 2019-04-10 Quarterly 1
2018-12-28 2018-12-31 2019-01-10 Quarterly 1
2018-09-27 2018-09-28 2018-10-09 Quarterly 1 28.2%
2018-06-28 2018-06-29 2018-07-11 Quarterly 0.78
2018-03-28 2018-03-30 2018-04-10 Quarterly 0.78
2017-12-28 2017-12-29 2018-01-10 Quarterly 0.78
2017-09-28 2017-09-29 2017-10-10 Quarterly 0.78 20%
2017-06-28 2017-06-30 2017-07-12 Quarterly 0.65
2017-03-29 2017-03-31 2017-04-11 Quarterly 0.65
2016-12-28 2016-12-30 2017-01-11 Quarterly 0.65
2016-09-28 2016-09-30 2016-10-06 Quarterly 0.65 18.2%
2016-06-28 2016-06-30 2016-07-08 Quarterly 0.55
2016-03-29 2016-03-31 2016-04-07 Quarterly 0.55
2015-12-29 2015-12-31 2016-01-07 Quarterly 0.55
2015-09-28 2015-09-30 2015-10-06 Quarterly 0.55 13.4%
2015-06-26 2015-06-30 2015-07-07 Quarterly 0.485
2015-03-27 2015-03-31 2015-04-07 Quarterly 0.485

ITW Dividend History - FAQ

Does ITW pay dividends?

Yes, as of March 2025, ITW paid a dividend of 5.80 USD in the last 12 months. The last dividend was paid on 2024-12-31.

What is the Dividend Yield of ITW?

As of March 2025, ITW`s dividend yield is 2.27%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.80M USD by the current share price of 256.24.

How often does ITW pay dividends?

ITW pays dividends quarterly. Over the last 12 months (TTM), ITW has issued 4 dividend payments.

What is the next Ex-Dividend Date for ITW?

The next ex-dividend date for Illinois Tool Works (ITW) is unknown.

What is the Dividend Growth Rate of ITW?

ITW's average dividend growth rate over the past 5 years is 5.58M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of ITW?

ITW's 5-Year Yield on Cost is 5.52M%. This represents the effective dividend yield for an investor who bought Illinois Tool Works five years ago. It is calculated as the trailing 12-month dividend cash amount (5.80M) divided by the purchase price five years ago (105.11):

What is the Payout Consistency of ITW?

ITW Payout Consistency is 99.5%.
Highly consistent: Illinois Tool Works has a strong track record of consistent dividend payments.

Does ITW have a good Dividend Yield?

ITW`s 2.27% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of ITW?

The Dividend Payout Ratio of ITW is 51.6%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of ITW?

ITW`s Overall Dividend Rating is 64.98%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: ITW Outstanding Shares

What is the Trend of ITW`s Outstanding Shares?

The Outstanding Shares of Illinois Tool Works are shrinking at a rate of -1.36% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Illinois Tool Works ever had a Stock Split?

Yes, last Stock Split was on 2006-05-26 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Growth Rate
1985 401,904,000
1986 403,184,000 +0.32%
1987 410,032,000 +1.7%
1988 414,240,000 +1.03%
1989 428,972,000 +3.56%
1990 438,292,000 +2.17%
1991 443,064,000 +1.09%
1992 447,344,000 +0.97%
1993 451,308,000 +0.89%
1994 456,616,000 +1.18%
1995 489,784,000 +7.26%
1996 498,424,000 +1.76%
1997 499,774,000 +0.27%
1998 500,934,000 +0.23%
1999 601,492,000 +20.07%
2000 606,302,000 +0.8%
2001 586,075,000 -3.34%
2002 613,244,000 +4.64%
2003 616,642,000 +0.55%
2004 582,788,000 -5.49%
2005 563,874,000 -3.25%
2006 559,001,000 -0.86%
2007 526,299,000 -5.85%
2008 499,189,000 -5.15%
2009 502,424,000 +0.65%
2010 499,898,000 -0.5%
2011 485,639,000 -2.85%
2012 463,100,000 -4.64%
2013 440,900,000 -4.79%
2014 389,200,000 -11.73%
2015 365,900,000 -5.99%
2016 350,400,000 -4.24%
2017 342,100,000 -2.37%
2018 331,600,000 -3.07%
2019 322,900,000 -2.62%
2020 318,100,000 -1.49%
2021 315,000,000 -0.97%
2022 307,900,000 -2.25%
2023 301,100,000 -2.21%
2024 297,000,000 -1.36%