Illinois Tool Works Inc (ITW) Dividend Yield, History & Safety Analysis
Illinois Tool Works Inc (ITW) pays a solid 2.42% dividend yield, or $6.44 per share annually at a stock price of $255.46. The payout ratio of 59% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.7x. Dividend growth is accelerating — the 3-year CAGR of 23.0% exceeds the 5-year rate of 14.8% and the 10-year rate of 14.4%. The most recent ex-dividend date was March 31, 2026.
- Dividend Yield
- 2.42%
- Annual Dividend
- $6.44
- Payout Ratio
- 59.3%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-03-31
- 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 2.42%, 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 March 31, 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 14.8%. The 10-year CAGR is 14.4%.
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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