Illinois Tool Works's last dividend payment of $1.5 per share was made to shareholders on record before Sep 30, 2024. The dividend payment stands at $4.3 per share annually, which equates to a dividend yield of 1.66%. The latest ITW stock dividend of $1.5 is an increase from the previous $1.4 distribution, representing a growth of 7%.
Illinois Tool Works's dividend yield of 1.66% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.46%, Illinois Tool Works's dividend yield is 14% higher. The current dividend yield is below the historical average of 2.2% of the last 5 years.
Illinois Tool Works has been paying dividends for the last 30 years. According to our records ITW has issued three dividends in the last twelve months. The annualized DPS marks a decrease of 19% since one year ago. And with the stock price down by 0.6% from a year ago, the dividend yield marks a decrease of 19%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 30, 2024 | $1.5 | 1.64% |
Jun 28, 2024 | $1.4 | 1.77% |
Mar 27, 2024 | $1.4 | 1.53% |
Sep 28, 2023 | $1.4 | 2.3% |
Jun 29, 2023 | $1.31 | 2.11% |
Mar 30, 2023 | $1.31 | 2.15% |
Dec 29, 2022 | $1.31 | 2.28% |
Sep 29, 2022 | $1.31 | 2.7% |
Jun 29, 2022 | $1.22 | 2.7% |
Mar 30, 2022 | $1.22 | 2.24% |
Dec 30, 2021 | $1.22 | 1.92% |
Sep 29, 2021 | $1.22 | 2.18% |
Jun 29, 2021 | $1.14 | 2.04% |
Mar 30, 2021 | $1.14 | 2% |
Dec 30, 2020 | $1.14 | 2.19% |
Sep 29, 2020 | $1.14 | 2.25% |
Jun 29, 2020 | $1.07 | 2.51% |
Mar 30, 2020 | $1.07 | 2.96% |
Dec 30, 2019 | $1.07 | 2.3% |
Sep 27, 2019 | $1.07 | 2.63% |
Jun 27, 2019 | $1 | 2.68% |
Mar 28, 2019 | $1 | 2.65% |
Dec 28, 2018 | $1 | 2.85% |
Sep 27, 2018 | $1 | 2.35% |
Jun 28, 2018 | $0.78 | 2.25% |
Mar 28, 2018 | $0.78 | 1.94% |
Dec 28, 2017 | $0.78 | 1.72% |
Sep 28, 2017 | $0.78 | 1.85% |
Jun 28, 2017 | $0.65 | 1.81% |
Mar 29, 2017 | $0.65 | 1.89% |
Dec 28, 2016 | $0.65 | 1.96% |
Sep 28, 2016 | $0.65 | 1.92% |
Jun 28, 2016 | $0.55 | 2.19% |
Mar 29, 2016 | $0.55 | 2.11% |
Dec 29, 2015 | $0.55 | 2.2% |
Sep 28, 2015 | $0.55 | 2.49% |
Jun 26, 2015 | $0.485 | 2.09% |
Mar 27, 2015 | $0.485 | 1.94% |
Illinois Tool Works's payout ratio of 37.1% is above the Industrials sector and the industry average but below its peers average. Compared to its Industrials sector average of 33.1%, Illinois Tool Works's payout ratio is 12% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MMM 3M Co | 2.79% | $3.61 | 45.5% |
FAST Fastenal Co | 2.59% | $1.94 | 96.5% |
ITW Illinois Tool Works Inc | 1.66% | $4.3 | 37.1% |
LECO Lincoln Electric Holdings Inc | 1.5% | $2.84 | 33.5% |
FLS Flowserve Corp | 1.43% | $0.83 | 40.7% |
NDSN Nordson Corp | 1.34% | $2.82 | 34.5% |
GGG Graco Inc | 1.2% | $1.02 | 35.2% |
DOV DOVER Corp | 1.08% | $2.05 | 18.2% |
PH Parker Hannifin Corp | 0.98% | $6.37 | 28.3% |
IR Ingersoll Rand Inc | 0.09% | $0.08 | 3.9% |
Yes, Illinois Tool Works has been paying dividends for the last 30 years.
Illinois Tool Works's last dividend ex-date was on Sep 30, 2024. The dividend amount was $1.5 per share.
ITW's annualized dividend per share is $4.3.
Currently Illinois Tool Works's dividend yield is 1.66%.
Illinois Tool Works's dividend payout ratio is 37.1%.
Illinois Tool Works's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.