ITW Dividend History & Analysis | 2.5% Yield

ITW has a dividend yield of 2.5% and paid 6.44 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.50%
Payout Ratio 59.8%
Growth Rate CAGR 5y 7.1%
Consistency Lifetime 100%
Yield on Cost 5y 3.2%
Payout FCF 66%
Streak Years 5
Dividend Rating 62.5%
Chowder Number yield + growth 9.6% below 15% target for healthy growth
Yield vs Average 5y +15% avg 2.17% vs now 2.50%
Debt / EBITDA leverage 1.8x healthy
Income per 10k invested 250 USD per year
Dividends Cash Amount per Share Yearly ITW annual dividends paid per share, showing the total cash Illinois Tool Works distributed to shareholders each year.
Dividend Growth Year over Year ITW year-over-year dividend growth rate, showing how Illinois Tool Works's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History ITW dividend yield history versus share price over the past 5 years, showing how Illinois Tool Works's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Industrial Machinery & Supplies & Components

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ANDR VI
Andritz
8,643 M 4.51% 6.94%
MLI NYSE
Mueller Industries
13,775 M 1.06% 12.12%
WRT1V HE
Wartsila Abp
20,671 M 2.43% 6.53%
SNA NYSE
Snap-On
21,059 M 2.72% 4.88%
SUN SW
Sulzer
5,737 M 2.90% 4.24%
FIP NASDAQ
FTAI Infrastructure
492 M 2.51% 4.43%
SIE XETRA
Siemens Aktiengesellschaft
230,757 M 2.12% 4.57%
G1A XETRA
GEA
11,201 M 2.26% 3.93%
TREL-B ST
Trelleborg (publ)
9,645 M 2.08% 4.24%
ITW NYSE
Illinois Tool Works
79,667 M 2.50% 3.17%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
WRT1V HE
Wartsila Abp
20,671 M 29.31% 100.0%
ESAB NYSE
ESAB
5,221 M 26.90% 100.0%
WTS NYSE
Watts Water Technologies
11,475 M 19.56% 100.0%
ATCO-A ST
Atlas Copco Series
102,857 M 19.19% 100.0%
SNA NYSE
Snap-On
21,059 M 14.62% 100.0%
WWD NASDAQ
Woodward
24,545 M 13.87% 100.0%
CR NYSE
Crane
12,559 M 12.45% 100.0%
PH NYSE
Parker-Hannifin
124,256 M 12.37% 100.0%
ANDR VI
Andritz
8,643 M 12.78% 100.0%
NDSN NASDAQ
Nordson
16,275 M 11.28% 96.7%

ITW Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 0.58% 100
Apr - -
May - -
Jun 0.60% 100
Jul - -
Aug - -
Sep 0.62% 100
Oct - -
Nov - -
Dec 0.57% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-10 Quarterly 1.61 0% 0.61%
2026-03-31 2026-03-31 2026-04-09 Quarterly 1.61 0% 0.63%
2025-12-31 2025-12-31 2026-01-09 Quarterly 1.61 0% 0.65%
2025-09-30 2025-09-30 2025-10-10 Quarterly 1.61 +7.3% 0.62%
2025-06-30 2025-06-30 2025-07-11 Quarterly 1.5 0% 0.61%
2025-03-31 2025-03-31 2025-04-10 Quarterly 1.5 0% 0.62%
2024-12-31 2024-12-31 2025-01-10 Quarterly 1.5 0% 0.59%
2024-09-30 2024-09-30 2024-10-11 Quarterly 1.5 +7.1% 0.57%
2024-06-28 2024-06-28 2024-07-11 Quarterly 1.4 0% 0.59%
2024-03-27 2024-03-29 2024-04-11 Quarterly 1.4 0% 0.53%
2023-12-28 2023-12-29 2024-01-11 Quarterly 1.4 0% 0.53%
2023-09-28 2023-09-29 2023-10-12 Quarterly 1.4 +6.9% 0.61%
2023-06-29 2023-06-30 2023-07-13 Quarterly 1.31 0% 0.53%
2023-03-30 2023-03-31 2023-04-13 Quarterly 1.31 0% 0.55%
2022-12-29 2022-12-30 2023-01-12 Quarterly 1.31 0% 0.59%
2022-09-29 2022-09-30 2022-10-14 Quarterly 1.31 +7.4% 0.71%
2022-06-29 2022-06-30 2022-07-14 Quarterly 1.22 0% 0.67%
2022-03-30 2022-03-31 2022-04-14 Quarterly 1.22 0% 0.56%
2021-12-30 2021-12-31 2022-01-14 Quarterly 1.22 0% 0.5%
2021-09-29 2021-09-30 2021-10-14 Quarterly 1.22 0% 0.57%

ITW Dividend FAQ

What is the Dividend Yield of ITW?

As of July 2026, ITW's dividend yield is 2.50%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.44 USD by the current share price of 284.82.

Does ITW pay a dividend?

As of July 2026, ITW paid a dividend of 6.44 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 1.61 USD.

How often does ITW pay dividends?

ITW pays dividends quarterly. Over the last 12 months, ITW has issued 4 dividend payments. The last dividend payment was made on 2026-06-30.

ITW dividend forecast

Based on historical data, the forecasted dividends per share for ITW for the next payments are between 1.621 (+0.7%) and 1.72 (+6.8%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.36%.

Will ITW pay dividends in 2026?

The latest dividend paid per share was 1.61 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Illinois Tool Works (ITW) is currently unknown.

What is the next Ex-Dividend Date for ITW?

The next Ex-Dividend date for Illinois Tool Works (ITW) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of ITW?

ITW's average dividend growth rate over the past 5 years is 7.11% per year. Strong growth: ITW's dividend growth is outpacing inflation.

What is the Yield on Cost of ITW?

ITW's 5-Year Yield on Cost is 3.17%. If you bought ITW's shares at 202.98 USD five years ago, your current annual dividend income (6.44 USD per share, trailing 12 months) equals 3.17% of your original purchase price.

What is the Payout Consistency of ITW?

ITW Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Illinois Tool Works has a strong track record of consistent dividend payments over its lifetime.

Does ITW have a good Dividend Yield?

ITW's 2.50% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of ITW?

The Dividend Payout Ratio of ITW is 59.8%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of ITW?

ITW's Overall Dividend Rating is 62.45%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ITW Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in ITW's Outstanding Shares?

Illinois Tool Works's outstanding shares have decreased by approximately 1.79% annually over the past 3 years (Trend Reliability: -100.0%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has ITW ever had a Stock Split?

Yes, the last stock split was on May 26, 2006 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 401,904,000 0%
1986 403,184,000 +0.32%
1987 410,032,000 +1.7%
1988 414,240,000 +1.03%
1989 428,972,000 +3.56%
1990 438,292,000 +2.17%
1991 443,064,000 +1.09%
1992 447,344,000 +0.97%
1993 451,308,000 +0.89%
1994 456,616,000 +1.18%
1995 489,784,000 +7.26%
1996 498,424,000 +1.76%
1997 499,774,000 +0.27%
1998 500,934,000 +0.23%
1999 601,492,000 +20.07%
2000 606,302,000 +0.8%
2001 586,075,000 -3.34%
2002 613,244,000 +4.64%
2003 616,642,000 +0.55%
2004 582,788,000 -5.49%
2005 563,874,000 -3.25%
2006 559,001,000 -0.86%
2007 526,299,000 -5.85%
2008 499,189,000 -5.15%
2009 502,424,000 +0.65%
2010 499,898,000 -0.5%
2011 485,639,000 -2.85%
2012 463,100,000 -4.64%
2013 440,900,000 -4.79%
2014 389,200,000 -11.73%
2015 365,900,000 -5.99%
2016 350,400,000 -4.24%
2017 342,100,000 -2.37%
2018 331,600,000 -3.07%
2019 322,900,000 -2.62%
2020 318,100,000 -1.49%
2021 315,000,000 -0.97%
2022 307,900,000 -2.25%
2023 301,100,000 -2.21%
2024 295,800,000 -1.76%
2025 290,200,000 -1.89%
2026 289,100,000 -0.38%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-26 02:06 UTC