ITT's most recent quarterly dividend of $0.29 per share was on Aug 31, 2023 (ex-date). The annualized payout of $1.13 per share represents a current dividend yield of 1.16%.
ITT has a dividend yield of 1.16% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.52%, ITT's dividend yield is 24% lower. Historically ITT's dividend yield has averaged at 1.1% in the last 5 years, which is less than the current one.
ITT has a history of paying dividends since 1996. Our records of ITT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 12% for the last year. But since the stock price has gone up by 49% from a year ago, the dividend yield has decreased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2023 | Oct 2, 2023 | Aug 1, 2023 | $0.29 | normal |
| Jun 8, 2023 | Jul 3, 2023 | May 10, 2023 | $0.29 | normal |
| Mar 8, 2023 | Apr 3, 2023 | Feb 9, 2023 | $0.29 | normal |
| Nov 30, 2022 | Dec 30, 2022 | Nov 1, 2022 | $0.264 | normal |
| Sep 1, 2022 | Oct 3, 2022 | Aug 2, 2022 | $0.264 | normal |
| Jun 16, 2022 | Jul 5, 2022 | May 18, 2022 | $0.264 | normal |
| Mar 8, 2022 | Apr 4, 2022 | Feb 9, 2022 | $0.264 | normal |
| Dec 10, 2021 | Dec 30, 2021 | Oct 13, 2021 | $0.22 | normal |
| Sep 10, 2021 | Oct 4, 2021 | Aug 12, 2021 | $0.22 | normal |
| Jun 18, 2021 | Jul 6, 2021 | Jun 4, 2021 | $0.22 | normal |
| Mar 16, 2021 | Apr 5, 2021 | Feb 19, 2021 | $0.22 | normal |
| Dec 4, 2020 | Dec 30, 2020 | Oct 7, 2020 | $0.169 | normal |
| Sep 10, 2020 | Oct 5, 2020 | Aug 12, 2020 | $0.169 | normal |
| Jun 12, 2020 | Jul 6, 2020 | May 15, 2020 | $0.169 | normal |
| Mar 13, 2020 | Apr 6, 2020 | Feb 21, 2020 | $0.169 | normal |
| Dec 6, 2019 | Dec 30, 2019 | Oct 10, 2019 | $0.147 | normal |
| Sep 9, 2019 | Oct 1, 2019 | Aug 7, 2019 | $0.147 | normal |
| Jun 7, 2019 | Jul 1, 2019 | May 22, 2019 | $0.147 | normal |
| Mar 8, 2019 | Apr 1, 2019 | Feb 22, 2019 | $0.147 | normal |
| Dec 6, 2018 | Dec 28, 2018 | Oct 16, 2018 | $0.134 | normal |
| Sep 7, 2018 | Oct 1, 2018 | Aug 7, 2018 | $0.134 | normal |
| Jun 8, 2018 | Jul 2, 2018 | May 23, 2018 | $0.134 | normal |
| Mar 9, 2018 | Apr 2, 2018 | Feb 16, 2018 | $0.134 | normal |
| Dec 7, 2017 | Dec 29, 2017 | Oct 11, 2017 | $0.128 | normal |
| Sep 8, 2017 | Oct 2, 2017 | Aug 9, 2017 | $0.128 | normal |
| Jun 8, 2017 | Jul 3, 2017 | May 10, 2017 | $0.128 | normal |
| Mar 9, 2017 | Apr 3, 2017 | Feb 14, 2017 | $0.128 | normal |
| Dec 7, 2016 | Dec 30, 2016 | Oct 18, 2016 | $0.124 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Aug 10, 2016 | $0.124 | normal |
| Jun 8, 2016 | Jul 1, 2016 | Jun 7, 2016 | $0.124 | normal |
ITT has a payout ratio of 22% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 29.2%, ITT's payout ratio is 25% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LMT Lockheed Martin Corp | 2.93% | $12 | 43.8% |
| GD General Dynamics Corp | 2.34% | $5.16 | 42% |
| FLS Flowserve Corp | 2.01% | $0.8 | 44.2% |
| NOC Northrop Grumman Corp | 1.64% | $7.2 | 23.8% |
| PH Parker Hannifin Corp | 1.44% | $5.62 | 34.6% |
| ITT ITT Inc | 1.16% | $1.13 | 22% |
| APH Amphenol Corp | 1% | $0.84 | 26.3% |
Yes, ITT has paid four dividends in the last 12 months. ITT has been paying dividends since 1996.
Currently ITT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
ITT's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.29 per share.
On an annual basis ITT pays $1.13 per share.
The current dividend yield of ITT is 1.16%.
ITT pays dividends quarterly.
The dividend payout ratio of ITT is 22%.
ITT's dividend yield is less than the Industrials sector average.