Illinois Tool Works Inc. (ITW) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that ITW reports less variability in its free cash flow than 97.73% of the dividend stocks we're tracking.
- As for stocks whose price is uncorrelated with ITW's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: ZI, SLRX, PRGO, VIAC and TEVA.
ITW Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $246.46 | $317.55 | 51.68% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for ITW, the DDM model, as implemented by StockNews, implies a positive return of 51.68% relative to its current price. Digging deeper, the aspects of Illinois Tool Works Inc's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Industrials sector, Illinois Tool Works Inc's expected return of 51.68% is higher than 84.78% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, ITW has a discount rate lower than 84.78% of them (a lower discount rate is associated with lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for ITW than it is for 80.43% of other equities in the Industrials sector that also issue dividends.
- In comparison to its fellow dividend issuing stocks in the Industrials sector, ITW's equity discount rate is less than 88.26% of those stocks.
ITW Dividend History
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-03-31 | Dividend | $1.50 | -- |
| 2024-12-31 | Dividend | $1.50 | -- |
| 2024-09-30 | Dividend | $1.50 | +7.14% |
| 2024-06-28 | Dividend | $1.40 | -- |
| 2024-03-27 | Dividend | $1.40 | -- |
| 2023-12-28 | Dividend | $1.40 | -- |
| 2023-09-28 | Dividend | $1.40 | +6.87% |
| 2023-06-29 | Dividend | $1.31 | -- |
| 2023-03-30 | Dividend | $1.31 | -- |
| 2022-12-29 | Dividend | $1.31 | -- |
| 2022-09-29 | Dividend | $1.31 | +7.38% |
| 2022-06-29 | Dividend | $1.22 | -- |
| 2022-03-30 | Dividend | $1.22 | -- |
| 2021-12-30 | Dividend | $1.22 | -- |
| 2021-09-29 | Dividend | $1.22 | +7.02% |
| 2021-06-29 | Dividend | $1.14 | -- |
| 2021-03-30 | Dividend | $1.14 | -- |
| 2020-12-30 | Dividend | $1.14 | -- |
| 2020-09-29 | Dividend | $1.14 | +6.54% |
| 2020-06-29 | Dividend | $1.07 | -- |
ITW Dividends vs. Peers
ITW's dividend yield currently ranks #98 of 104 vs. its peers in the Industrial - Machinery category.
Looking for More Information on ITW dividends?
Want to see what other sources are saying about Illinois Tool Works Inc's dividends? Try the links below:Illinois Tool Works Inc Common Stock (ITW) Dividend History | Nasdaq
Dividend History for Illinois Tool Works Inc (ITW) - Dividend Investor
Illinois Tool Works Inc (ITW) Dividend History - Seeking Alpha