Illinois Tool Works Inc (ITW) Dividend Yield, History & Safety Analysis
Illinois Tool Works Inc (ITW) pays a solid 2.39% dividend yield, or $6.44 per share annually at a stock price of $268.99. The payout ratio of 59% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.7x. Dividend growth has been steady, with a 3-year CAGR of 7.1% and a 5-year CAGR of 7.1% (10-year: 11.3%). The most recent ex-dividend date was June 30, 2026.
- Dividend Yield
- 2.39%
- Annual Dividend
- $6.44
- Payout Ratio
- 58.8%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-30
- Sector
- Industrials
- Earnings Per Share
- $10.76
Frequently Asked Questions
What is ITW's current dividend yield?
Illinois Tool Works Inc (ITW) has a dividend yield of 2.39%, paying $6.44 per share annually.
How often does ITW pay dividends?
Illinois Tool Works Inc typically pays dividends on a quarterly basis. The annual dividend totals $6.44 per share.
Is ITW's dividend safe?
Illinois Tool Works Inc's dividend safety is rated "Safe." The payout ratio of 59% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.7x.
When is ITW's next ex-dividend date?
The most recent ex-dividend date for Illinois Tool Works Inc was June 30, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is ITW's dividend growth rate?
Illinois Tool Works Inc has a 5-year dividend compound annual growth rate (CAGR) of 7.1%. The 10-year CAGR is 11.3%.
What is ITW's payout ratio?
Illinois Tool Works Inc has a payout ratio of 59%, meaning it distributes 59% of its earnings as dividends. This leaves significant room for dividend growth.
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