Illinois Tool Works Inc. (ITW) Dividends

Illinois Tool Works Inc. (ITW): $240.07

1.38 (-0.57%)

POWR Rating

Component Grades

Momentum

C

Stability

A

Sentiment

Quality

A

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Industry: Industrial - Machinery

Industry

A

Ranked

#33 of 80

in industry

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 Ex-Dividend Date
ITW Dividend Yield
2.23%
ITW Annual Dividend
$5.60
ITW Payout Ratio

ITW Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$240.07$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

Ex-Dividend Date Type Payout Amount Change
2024-03-27Dividend$1.40--
2023-12-28Dividend$1.40--
2023-09-28Dividend$1.40+6.87%
2023-06-29Dividend$1.31--
2023-03-30Dividend$1.31--
2022-12-29Dividend$1.31--
2022-09-29Dividend$1.31+7.38%
2022-06-29Dividend$1.22--
2022-03-30Dividend$1.22--
2021-12-30Dividend$1.22--
2021-09-29Dividend$1.22+7.02%
2021-06-29Dividend$1.14--
2021-03-30Dividend$1.14--
2020-12-30Dividend$1.14--
2020-09-29Dividend$1.14+6.54%
2020-06-29Dividend$1.07--
2020-03-30Dividend$1.07--
2019-12-30Dividend$1.07--
2019-09-27Dividend$1.07+7.00%
2019-06-27Dividend$1.00--
2019-03-28Dividend$1.00--
2018-12-28Dividend$1.00--
2018-09-27Dividend$1.00+28.21%
2018-06-28Dividend$0.78--
2018-03-28Dividend$0.78--
2017-12-28Dividend$0.78--
2017-09-28Dividend$0.78+20.00%
2017-06-28Dividend$0.65--
2017-03-29Dividend$0.65--
2016-12-28Dividend$0.65--
2016-09-28Dividend$0.65+18.18%
2016-06-28Dividend$0.55--
2016-03-29Dividend$0.55--
2015-12-29Dividend$0.55--
2015-09-28Dividend$0.55+13.40%
2015-06-26Dividend$0.49--
2015-03-27Dividend$0.49--
2014-12-29Dividend$0.49--
2014-09-26Dividend$0.49+15.48%
2014-06-26Dividend$0.42--
2014-03-27Dividend$0.42--
2013-12-27Dividend$0.42--
2013-09-26Dividend$0.42+10.53%
2013-06-26Dividend$0.38--
2013-03-26Dividend$0.38--
2012-12-14Dividend$0.38--
2012-09-26Dividend$0.38+5.56%
2012-06-27Dividend$0.36--
2012-03-28Dividend$0.36--
2011-12-28Dividend$0.36--
2011-09-28Dividend$0.36+5.88%
2011-06-28Dividend$0.34--
2011-03-29Dividend$0.34--
2010-12-29Dividend$0.34--
2010-09-28Dividend$0.34+9.68%
2010-06-28Dividend$0.31--
2010-03-29Dividend$0.31--
2009-12-29Dividend$0.31--
2009-09-28Dividend$0.31--
2009-06-26Dividend$0.31--
2009-03-27Dividend$0.31--
2008-12-29Dividend$0.31--
2008-09-26Dividend$0.31+10.71%
2008-06-26Dividend$0.28--
2008-03-27Dividend$0.28--
2007-12-27Dividend$0.28--
2007-09-26Dividend$0.28+33.33%
2007-06-27Dividend$0.21--
2007-03-28Dividend$0.21--
2006-12-27Dividend$0.21--
2006-09-27Dividend$0.21+27.27%
2006-06-28Dividend$0.17+3.03%
2006-05-26Split2-1-for-1 Stock SplitN/A
2006-03-29Dividend$0.33--
2005-12-28Dividend$0.33--
2005-09-28Dividend$0.33+17.86%
2005-06-28Dividend$0.28--
2005-03-29Dividend$0.28--
2004-12-29Dividend$0.28--
2004-09-28Dividend$0.28+16.67%
2004-06-28Dividend$0.24--
2004-03-29Dividend$0.24--
2003-12-29Dividend$0.24--
2003-09-26Dividend$0.24+4.35%
2003-06-26Dividend$0.23--
2003-03-27Dividend$0.23--
2002-12-27Dividend$0.23--
2002-09-26Dividend$0.23+4.55%
2002-06-26Dividend$0.22--
2002-03-26Dividend$0.22--
2001-12-27Dividend$0.22--
2001-09-26Dividend$0.22+10.00%
2001-06-27Dividend$0.20--
2001-03-28Dividend$0.20--
2000-12-27Dividend$0.20--
2000-09-27Dividend$0.20+11.11%
2000-06-28Dividend$0.18--
2000-03-29Dividend$0.18--
1999-12-29Dividend$0.18--
1999-09-28Dividend$0.18+20.00%
1999-06-28Dividend$0.15+100.00%
1999-03-29Dividend$0.08--
1998-12-29Dividend$0.08--
1998-09-28Dividend$0.08+25.00%
1998-06-17Dividend$0.06--
1998-03-27Dividend$0.06--
1997-12-29Dividend$0.06--
1997-09-26Dividend$0.06--
1997-06-26Dividend$0.06+140.00%
1997-05-28Split2-1-for-1 Stock SplitN/A
1997-03-26Dividend$0.05--
1996-12-27Dividend$0.05--
1996-09-26Dividend$0.05+11.76%
1996-06-26Dividend$0.04--
1996-03-27Dividend$0.04--
1995-12-27Dividend$0.04--
1995-09-27Dividend$0.04+13.33%
1995-06-28Dividend$0.04--
1995-03-27Dividend$0.04--
1994-12-23Dividend$0.04--
1994-09-26Dividend$0.04+15.38%
1994-08-01Dividend$0.03--
1994-05-02Dividend$0.03--
1994-01-31Dividend$0.03--
1993-11-01Dividend$0.03+8.33%
1993-08-02Dividend$0.03--
1993-05-03Dividend$0.03--
1993-02-01Dividend$0.03--
1992-11-02Dividend$0.03+9.09%
1992-08-03Dividend$0.03--
1992-05-04Dividend$0.03--
1992-02-03Dividend$0.03--
1991-11-01Dividend$0.03--
1991-08-12Dividend$0.03+22.22%
1991-05-02Dividend$0.02--
1991-01-29Dividend$0.02--
1990-11-01Dividend$0.02--
1990-08-03Dividend$0.02+20.00%
1990-05-03Dividend$0.02--
1990-01-30Dividend$0.02--
1989-10-31Dividend$0.02--
1989-08-01Dividend$0.02+25.00%
1989-05-02Dividend$0.02--
1989-01-30Dividend$0.02--
1988-10-28Dividend$0.02--
1988-07-29Dividend$0.02+20.00%
1988-04-29Dividend$0.01--
1988-01-29Dividend$0.01--


ITW Dividends vs. Peers

ITW's dividend yield currently ranks #97 of 103 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 MIR Mirion Technologies, Inc. 0.00%
2 NDSN Nordson Corporation 0.00%
3 TAYD Taylor Devices, Inc. 0.00%
4 GDI Gardner Denver Holdings, Inc. 0.00%
5 CFX Colfax Corporation 0.00%
6 CMCO Columbus McKinnon Corporation 0.00%
7 POWL Powell Industries, Inc. 0.00%
8 MHVYF Mitsubishi Heavy Industries, Ltd. 0.00%
9 HWM Howmet Aerospace Inc. 0.00%
10 DOV Dover Corp. 0.00%
11 THR Thermon Group Holdings, Inc. 0.00%
12 OUKPY Metso Outotec Oyj 0.00%
13 PACK Ranpak Holdings Corp. 0.00%
14 FLS Flowserve Corporation 0.00%
15 UGRO urban-gro Inc. 0.00%
16 XMTR Xometry, Inc. 0.00%
17 AMDLY Amada Co. Ltd. ADR 0.00%
18 TBLT Toughbuilt Industries, Inc. 0.00%
19 TMRAY Tomra Systems ASA 0.00%
20 GENC Gencor Industries Inc. 0.00%
21 MMM 3M Company 0.00%
22 ALG Alamo Group, Inc. 0.00%
23 CMI Cummins Inc. 0.00%
24 CPST Capstone Turbine Corporation 0.00%
25 TTNDY Techtronic Industries Co. Ltd. ADR 0.00%
26 TNC Tennant Company 0.00%
27 BWEN Broadwind Energy, Inc. 0.00%
28 EPAC Enerpac Tool Group Corp. 0.00%
29 IMIAY IMI plc 0.00%
30 HON Honeywell International Inc. 0.00%
31 CNHI CNH Industrial N.V. 0.00%
32 JCSE JE Cleantech Holdings Limited, 0.00%
33 AME AMETEK Inc. 0.00%
34 FANUY Fanuc Corp. ADR 0.00%
35 IPWR Ideal Power Inc. 0.00%
36 LIQT LiqTech International, Inc. 0.00%
37 SDVKY Sandvik AB ADR 0.00%
38 FLIDY FLSmidth & Co. A/S 0.00%
39 OTIS Otis Worldwide Corp. 0.00%
40 XEBEF Xebec Adsorption Inc. 0.00%
41 AOS A.O. Smith Corp. 0.00%
42 ZLIOY Zoomlion Heavy Industry Science And Technology Co., Ltd. 0.00%
43 AP Ampco-Pittsburgh Corporation 0.00%
44 TWIN Twin Disc, Incorporated 0.00%
45 CR Crane Co. 0.00%
46 JPSWY The Japan Steel Works, Ltd. 0.00%
47 VLDR Velodyne Lidar Inc. 0.00%
48 RRX Regal Rexnord Corp. 0.00%
49 JASN Jason Industries, Inc. 0.00%
50 XRM Xerium Technologies, Inc. New 0.00%
51 RAVN Raven Industries, Inc. 0.00%
52 TWI Titan International, Inc. (DE) 0.00%
53 ATLCY Atlas Copco AB 0.00%
54 MTW Manitowoc Company, Inc. (The) 0.00%
55 CVV CVD Equipment Corporation 0.00%
56 ATSAF ATS Automation Tooling Systems Inc. 0.00%
57 ASTE Astec Industries, Inc. 0.00%
58 GEAGY GEA Group Aktiengesellschaft 0.00%
59 SMCAY SMC Corp. ADR 0.00%
60 SMGZY Smiths Group PLC 0.00%
61 GGG Graco Inc. 0.00%
62 SOHVY Sumitomo Heavy Industries, Ltd. 0.00%
63 HYFM Hydrofarm Holdings Group Inc. 0.00%
64 THKLY THK CO., LTD. 0.00%
65 IEX IDEX Corp. 0.00%
66 KIGRY Kion Group AG ADR 0.00%
67 LII Lennox International Inc. 0.00%
68 MNTX Manitex International, Inc. - common stock 0.00%
69 HDNG Hardinge Inc. 0.00%
70 KMTUY Komatsu Ltd. 0.00%
71 ATU Actuant Corporation 0.00%
72 ABBNY ABB Ltd. ADR 0.00%
73 HDSN Hudson Technologies, Inc. 0.00%
74 GTEC Greenland Technologies Holding Corporation 0.00%
75 KNYJY KONE Oyj 0.00%
76 CW Curtiss-Wright Corporation 0.00%
77 CYD China Yuchai International Limited 0.00%
78 CGNX Cognex Corp. 0.00%
79 CAT Caterpillar, Inc. 0.00%
80 ABB ABB Ltd. ADR 0.00%
81 KRNT Kornit Digital Ltd. - Ordinary Shares 0.00%
82 KWHIY Kawasaki Heavy Industries, Ltd. 0.00%
83 PDEX Pro-Dex, Inc. 0.00%
84 LXFR Luxfer Holdings PLC Ordinary Shares 0.00%
85 GNRC Generac Holdlings Inc. 0.00%
86 HLIO Helios Technologies, Inc. 0.00%
87 ETN Eaton Corp. PLC 0.00%
88 IR Ingersoll Rand Inc. 0.00%
89 WEGRY The Weir Group PLC 0.00%
90 DCI Donaldson Company, Inc. 0.00%
91 ROK Rockwell Automation Inc. 0.00%
92 ROP Roper Technologies Inc. 0.00%
93 UAVS AgEagle Aerial Systems, Inc. 0.00%
94 GRC Gorman-Rupp Co. 0.00%
95 AZZ AZZ Inc. 0.00%
96 ITT ITT Inc. 0.00%
97 ITW Illinois Tool Works Inc. 0.00%
98 LECO Lincoln Electric Holdings, Inc. 0.00%
99 ALFVY Alfa Laval AB AD 0.00%
100 DE Deere & Co. 0.00%
101 MCRN Milacron Holdings Corp. 0.00%
102 JBT John Bean Technologies Corporation 0.00%
103 SPXC SPX Corporation 0.00%

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

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