Illinois Tool Works Inc. (ITW) Dividends
Dividend Yield and Dividend History Highlights
- ITW has issued more total dividends (as measured in absolute US dollars) over the past six years than 90.79% of other US stocks currently paying dividends.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that ITW has less fluctuation in its price than 92.19% of stocks we're observing.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with ITW that may be suitable potential portfolio mates: PHI, GLBS, ELS, DHT and CASA.
ITW Price Forecast Based on Dividend Discount Model
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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. Regarding Illinois Tool Works Inc, the DDM model, as implemented by StockNews, implies a negative return of 26.16% relative to its current price. To help understand and contextualize the model's evaluation of ITW, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, the expected return of -26.16%, based on the stock's current share price and target price based on a dividend discount model, is greater than 65.65% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, ITW has a discount rate lower than 65.65% of them (a lower discount rate is associated with lower risk).
- Illinois Tool Works Inc has annual revenue of approximately $14 billion; this classifies the stock in the large-sized revenue class -- and relative to other dividend issuers in this class, the growth rate of its dividend is greater than that of 67.25% of them.
ITW Dividend Chart
ITW Dividend History
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ITW Dividends vs. Peers
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