Illinois Tool Works Inc. (ITW) Dividends

Illinois Tool Works Inc. (ITW): $230.36

-0.31 (-0.13%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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
2.27%
ITW Annual Dividend
$5.24
ITW Payout Ratio

ITW Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$230.36$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 Chart


ITW Dividend History

Ex-Dividend Date Type Payout Amount Change
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ITW Dividends vs. Peers

ITW's dividend yield currently ranks #14 of 102 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 MMM 3M Company 5.25%
2 CYD China Yuchai International Limited 4.40%
3 AMDLY Amada Co. Ltd. ADR 3.23%
4 LXFR Luxfer Holdings PLC Ordinary Shares 3.22%
5 GEAGY GEA Group Aktiengesellschaft 2.74%
6 POWL Powell Industries, Inc. 2.65%
7 SMGZY Smiths Group PLC 2.63%
8 KIGRY Kion Group AG ADR 2.54%
9 CMI Cummins Inc. 2.53%
10 GRC Gorman-Rupp Co. 2.52%
11 KNYJY KONE Oyj 2.45%
12 FLS Flowserve Corporation 2.40%
13 SOHVY Sumitomo Heavy Industries, Ltd. 2.31%
14 ITW Illinois Tool Works Inc. 2.29%
15 AOS A.O. Smith Corp. 2.04%
16 ETN Eaton Corp. PLC 2.01%
17 HON Honeywell International Inc. 1.97%
18 TTNDY Techtronic Industries Co. Ltd. ADR 1.91%
19 THKLY THK CO., LTD. 1.83%
20 CAT Caterpillar, Inc. 1.83%
21 SDVKY Sandvik AB ADR 1.80%
22 LII Lennox International Inc. 1.71%
23 ROK Rockwell Automation Inc. 1.67%
24 AZZ AZZ Inc. 1.63%
25 CR Crane Co. 1.61%
26 LECO Lincoln Electric Holdings, Inc. 1.59%
27 TNC Tennant Company 1.58%
28 FANUY Fanuc Corp. ADR 1.58%
29 ABB ABB Ltd. ADR 1.53%
30 JPSWY The Japan Steel Works, Ltd. 1.51%
31 DCI Donaldson Company, Inc. 1.50%
32 ALFVY Alfa Laval AB AD 1.46%
33 OTIS Otis Worldwide Corp. 1.43%
34 DOV Dover Corp. 1.41%
35 GGG Graco Inc. 1.41%
36 KMTUY Komatsu Ltd. 1.37%
37 ASTE Astec Industries, Inc. 1.22%
38 ITT ITT Inc. 1.17%
39 DE Deere & Co. 1.14%
40 NDSN Nordson Corporation 1.11%
41 WEGRY The Weir Group PLC 1.06%
42 RRX Regal Rexnord Corp. 1.02%
43 IEX IDEX Corp. 1.02%
44 IMIAY IMI plc 0.97%
45 SMCAY SMC Corp. ADR 0.92%
46 CMCO Columbus McKinnon Corporation 0.78%
47 AME AMETEK Inc. 0.61%
48 ROP Roper Technologies Inc. 0.61%
49 ALG Alamo Group, Inc. 0.57%
50 HLIO Helios Technologies, Inc. 0.54%
51 CGNX Cognex Corp. 0.53%
52 CW Curtiss-Wright Corporation 0.47%
53 KWHIY Kawasaki Heavy Industries, Ltd. 0.44%
54 HWM Howmet Aerospace Inc. 0.39%
55 JBT John Bean Technologies Corporation 0.37%
56 ATU Actuant Corporation 0.18%
57 EPAC Enerpac Tool Group Corp. 0.16%
58 IR Ingersoll Rand Inc. 0.14%
59 HDNG Hardinge Inc. 0.11%
60 MIR Mirion Technologies, Inc. 0.00%
61 TAYD Taylor Devices, Inc. 0.00%
62 GDI Gardner Denver Holdings, Inc. 0.00%
63 CFX Colfax Corporation 0.00%
64 MHVYF Mitsubishi Heavy Industries, Ltd. 0.00%
65 THR Thermon Group Holdings, Inc. 0.00%
66 PACK Ranpak Holdings Corp. 0.00%
67 UGRO urban-gro Inc. 0.00%
68 XMTR Xometry, Inc. 0.00%
69 TBLT Toughbuilt Industries, Inc. 0.00%
70 GENC Gencor Industries Inc. 0.00%
71 CPST Capstone Turbine Corporation 0.00%
72 BWEN Broadwind Energy, Inc. 0.00%
73 CNHI CNH Industrial N.V. 0.00%
74 JCSE JE Cleantech Holdings Limited, 0.00%
75 IPWR Ideal Power Inc. 0.00%
76 LIQT LiqTech International, Inc. 0.00%
77 AP Ampco-Pittsburgh Corporation 0.00%
78 TWIN Twin Disc, Incorporated 0.00%
79 VLDR Velodyne Lidar Inc. 0.00%
80 JASN Jason Industries, Inc. 0.00%
81 XRM Xerium Technologies, Inc. New 0.00%
82 RAVN Raven Industries, Inc. 0.00%
83 TWI Titan International, Inc. (DE) 0.00%
84 MTW Manitowoc Company, Inc. (The) 0.00%
85 CVV CVD Equipment Corporation 0.00%
86 HYFM Hydrofarm Holdings Group Inc. 0.00%
87 MNTX Manitex International, Inc. - common stock 0.00%
88 HDSN Hudson Technologies, Inc. 0.00%
89 GTEC Greenland Technologies Holding Corporation 0.00%
90 KRNT Kornit Digital Ltd. - Ordinary Shares 0.00%
91 PDEX Pro-Dex, Inc. 0.00%
92 GNRC Generac Holdlings Inc. 0.00%
93 UAVS AgEagle Aerial Systems, Inc. 0.00%
94 MCRN Milacron Holdings Corp. 0.00%
95 SPXC SPX Corporation 0.00%
96 OUKPY Metso Outotec Oyj 0.00%
97 TMRAY Tomra Systems ASA 0.00%
98 FLIDY FLSmidth & Co. A/S 0.00%
99 XEBEF Xebec Adsorption Inc. 0.00%
100 ZLIOY Zoomlion Heavy Industry Science And Technology Co., Ltd. 0.00%
101 ATLCY Atlas Copco AB 0.00%
102 ATSAF ATS Automation Tooling Systems Inc. 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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