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ITW Illinois Tool Works Inc Dividend

Illinois Tool Works's last quarterly dividend payment of $1.22 per share was made to shareholders on record before Sep 29, 2021. The dividend payment stands at $4.64 per share annually, which equates to a dividend yield of 2.08%. The latest ITW stock dividend of $1.22 is an increase from the previous $1.14 distribution, representing a growth of 7%.

ITW next dividend date: Not announced

ITW
DPS
$4.64
Dividend yield
2.08%
Payout ratio
54.9%
Industrials sector
Dividend yield
1.62%
Payout ratio
37%

Dividend yield

Illinois Tool Works's dividend yield of 2.08% is above the Industrials sector, the industry and its peers average.

Dividend history

Illinois Tool Works has been paying dividends for the last 27 years. According to our records ITW has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 7% since one year ago. However with the stock price up by 8% from a year ago, the dividend yield marks a decrease of 1.2%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Aug 6, 2021 Sep 29, 2021 Oct 14, 2021 $1.22 normal
May 7, 2021 Jun 29, 2021 Jul 15, 2021 $1.14 normal
Feb 12, 2021 Mar 30, 2021 Apr 14, 2021 $1.14 normal
Oct 30, 2020 Dec 30, 2020 Jan 14, 2021 $1.14 normal
Aug 7, 2020 Sep 29, 2020 Oct 14, 2020 $1.14 normal
May 8, 2020 Jun 29, 2020 Jul 15, 2020 $1.07 normal
Feb 14, 2020 Mar 30, 2020 Apr 15, 2020 $1.07 normal
Oct 28, 2019 Dec 30, 2019 Jan 15, 2020 $1.07 normal
Aug 2, 2019 Sep 27, 2019 Oct 9, 2019 $1.07 normal
May 3, 2019 Jun 27, 2019 Jul 10, 2019 $1 normal
Feb 15, 2019 Mar 28, 2019 Apr 10, 2019 $1 normal
Nov 1, 2018 Dec 28, 2018 Jan 10, 2019 $1 normal
Aug 3, 2018 Sep 27, 2018 Oct 9, 2018 $1 normal
May 4, 2018 Jun 28, 2018 Jul 11, 2018 $0.78 normal
Feb 15, 2018 Mar 28, 2018 Apr 10, 2018 $0.78 normal
Oct 27, 2017 Dec 28, 2017 Jan 10, 2018 $0.78 normal
Aug 4, 2017 Sep 28, 2017 Oct 10, 2017 $0.78 normal
May 5, 2017 Jun 28, 2017 Jul 12, 2017 $0.65 normal
Feb 10, 2017 Mar 29, 2017 Apr 11, 2017 $0.65 normal
Dec 28, 2016 Jan 11, 2017 $0.65 normal
Sep 28, 2016 Oct 6, 2016 $0.65 normal
May 6, 2016 Jun 28, 2016 Jul 8, 2016 $0.55 normal
Feb 12, 2016 Mar 29, 2016 Apr 7, 2016 $0.55 normal
Oct 30, 2015 Dec 29, 2015 Jan 7, 2016 $0.55 normal
Aug 7, 2015 Sep 28, 2015 Oct 6, 2015 $0.55 normal

Dividend payouts

Payout ratio

Illinois Tool Works's payout ratio of 54.9% is above the Industrials sector, the industry and its peers average.

Total amount of dividends paid per year (from cash flow)