ITW Dividend History & Analysis | 2.5% Yield

ITW has a dividend yield of 2.5% and paid 7.83 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.48%
Payout Ratio 60.3%
Growth Rate CAGR 5y 7.14%
Consistency Lifetime 99.6%
Yield on Cost 5y 3.88%
Payout FCF 65.9%
Streak Years 30
Dividend Rating 69.53%
Ex-Dividend in 3 days: Buy before Mar 31, 2026 to receive the next dividend.

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Industrial Machinery & Supplies & Components

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
AALB 3,528 M 4.19% 6.42%
G1A 11,152 M 2.01% 8.07%
SU 158,155 M 1.77% 7.05%
NDA 7,865 M 2.87% 4.82%
FIP 600 M 3.03% 4.40%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ATMU 4,732 M 110% 100%
CDRE 1,349 M 47.6% 99.2%
MLI 12,434 M 40.0% 63.7%
ESAB 5,933 M 36.3% 100%
FIP 600 M 58.7% 98.0%

Quality Dividend Peers in Industrial Machinery & Supplies & Components

ITT
ITT
1.10% Yield
LECO
Lincoln Electric
1.41% Yield
NDSN
Nordson
1.76% Yield
DANR
MLI
MWA

ITW Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-31 2026-03-31 2026-04-09 Quarterly 1.61 0% N/A
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% 0.61%
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 7% 0.57%
2021-06-29 2021-06-30 2021-07-15 Quarterly 1.14 0% 0.51%
2021-03-30 2021-03-31 2021-04-14 Quarterly 1.14 0% 0.51%
2020-12-30 2020-12-31 2021-01-14 Quarterly 1.14 0% N/A
2020-09-29 2020-09-30 2020-10-14 Quarterly 1.14 6.5% N/A
2020-06-29 2020-06-30 2020-07-15 Quarterly 1.07 0% N/A
2020-03-30 2020-03-31 2020-04-15 Quarterly 1.07 0% N/A
2019-12-30 2019-12-31 2020-01-15 Quarterly 1.07 0% N/A
2019-09-27 2019-09-30 2019-10-09 Quarterly 1.07 7% N/A
2019-06-27 2019-06-28 2019-07-10 Quarterly 1 0% N/A
2019-03-28 2019-03-29 2019-04-10 Quarterly 1 0% N/A
2018-12-28 2018-12-31 2019-01-10 Quarterly 1 0% N/A
2018-09-27 2018-09-28 2018-10-09 Quarterly 1 28.2% N/A
2018-06-28 2018-06-29 2018-07-11 Quarterly 0.78 0% N/A
2018-03-28 2018-03-30 2018-04-10 Quarterly 0.78 0% N/A
2017-12-28 2017-12-29 2018-01-10 Quarterly 0.78 0% N/A
2017-09-28 2017-09-29 2017-10-10 Quarterly 0.78 20% N/A
2017-06-28 2017-06-30 2017-07-12 Quarterly 0.65 0% N/A
2017-03-29 2017-03-31 2017-04-11 Quarterly 0.65 0% N/A
2016-12-28 2016-12-30 2017-01-11 Quarterly 0.65 0% N/A
2016-09-28 2016-09-30 2016-10-06 Quarterly 0.65 18.2% N/A
2016-06-28 2016-06-30 2016-07-08 Quarterly 0.55 0% N/A
2016-03-29 2016-03-31 2016-04-07 Quarterly 0.55 0% N/A
2015-12-29 2015-12-31 2016-01-07 Quarterly 0.55 0% N/A
2015-09-28 2015-09-30 2015-10-06 Quarterly 0.55 13.4% N/A
2015-06-26 2015-06-30 2015-07-07 Quarterly 0.485 0% N/A
2015-03-27 2015-03-31 2015-04-07 Quarterly 0.485 0% N/A
2014-12-29 2014-12-31 2015-01-06 Quarterly 0.485 0% N/A
2014-09-26 2014-09-30 2014-10-07 Quarterly 0.485 15.5% N/A
2014-06-26 2014-06-30 2014-07-08 Quarterly 0.42 0% N/A
2014-03-27 2014-03-31 2014-04-08 Quarterly 0.42 0% N/A
2013-12-27 2013-12-31 2014-01-07 Quarterly 0.42 0% N/A

ITW Dividend FAQ

Illinois Tool Works Inc. (ITW) is a diversified global manufacturer of industrial products and equipment. The company operates across seven segments, serving a broad range of industrial and consumer markets.

What is the Dividend Yield of ITW?

As of March 2026, ITW`s dividend yield is 2.48%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 7.83 USD by the current share price of 261.37.

Does ITW pay a dividend?

As of March 2026, ITW paid a dividend of 7.83 USD in the last 12 months. The last dividend was paid on 2026-03-31 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 5 dividend payments. The last dividend payment was made on 2026-03-31.

ITW dividend forecast

Based on historical data, the forecasted dividends per share for ITW for the next payments are between 1.591 (-1.2%) and 1.721 (+6.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.49%.

Will ITW pay dividends in 2026?

The latest dividend paid per share was 1.61 USD with an Ex-Dividend Date of 2026-03-31. The next Ex-Dividend date for Illinois Tool Works (ITW) is 2026-03-31.

What is the next Ex-Dividend Date for ITW?

The next Ex-Dividend date for Illinois Tool Works (ITW) is 2026-03-31.

What is the Dividend Growth of ITW?

ITW's average dividend growth rate over the past 5 years is 7.14% 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 3.88%. If you bought ITW's shares at 201.99 USD five years ago, your current annual dividend income (7.83 USD per share, trailing 12 months) equals 3.88% of your original purchase price.

What is the Payout Consistency of ITW?

ITW Payout Consistency is 99.6%. 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 2.48% 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 60.3%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of ITW?

ITW`s Overall Dividend Rating is 69.53%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ITW Outstanding Shares Analysis

What is the Trend in ITW's Outstanding Shares?

Illinois Tool Works's outstanding shares have decreased by approximately 1.83% 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
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%

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: 2026-03-21 02:39